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Yes, a lender can file for a deficiency judgment in Indiana. The court has to approve the judgment in order to prosecute.

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Yes, a lender can file for a deficiency judgment in Indiana. The court has to approve the judgment in order to prosecute.

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Can there be a deficiency judgment on a mortgage forclosure in virginia?

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Yes, it is.

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Yes, if the state and loan documents allow for a deficiency judgment, the bank can sue for one after the home has been sold at the sheriff sale and there is a deficiency.

If the homeowners are sued after the public auction and the bank gets a deficiency judgment, then bankruptcy can be used to discharge the judgment.

However, bankruptcy can not be used in advance before a deficiency judgment or other debt even exists to preclude its possibility.

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Yes

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