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A state that allows the foreclosing party to pursue the previous mortgagor for the difference of the sale price and the debt amount if the foreclosed home is not enough collateral to cover the debt.
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∙ 16y ago
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Is North Carolina a non-deficiency state?
No
Is Arizona a non-deficiency state?
Yes
Is Ohio a deficiency judgment state?
Yes, it is.
What state of matter has a define volume but no define shape?
plasma
Is South Carolina a deficiency judgment state?
Yes
What is a sentence for Define?
to state about
Define the term Circular state?
what is a circular state
Is FL an anti deficiency state?
Yes if its a 1st mtg
What are the deficiency judgment laws in Indiana?
If there is an agreement and an applicable waiting period is not waived, a deficiency judgment may be obtained on a mortgage in Indiana. This means that deficiency judgments in the state of Indiana are allowed by state statute if it is authorized by loan documents and if borrowers do not waive applicable waiting period.
With a cross collateralized debt when the vehicle was surrendered can the creditor demand payment for deficiency?
In the state of Texas, yes the creditor can follow for the deficiency balance.
What are Colorado's laws regarding deficiency judgments after a non-judicial foreclosure?
Colorado is a full recourse state. Creditors may pursue a debtor for a deficiency judgment for 20 years after the debt was incurred. Moving to another state could result in the creditor domesticating the deficiency judgment and then the new state's statute of collection limitations would apply.
What does the word define mean?
Define means to tell the meaning of something.to state the meaning of a word
