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Does Florida allow banks to sue for deficiency judgments from another state?
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∙ 14y ago
dey taza' da foo's.
Wiki User
∙ 14y ago
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Can lender pursue deficiency judgment for the difference after a short sale?
Some states allow deficiency judgments after the short sale. Some states allow deficiency judgments after repossession or foreclosure. Each state has its own rules.
Which US states allow deficiency judgments?
Most US states allow deficiency judgments, which allow lenders to pursue borrowers for unpaid debt remaining after a foreclosure or short sale of a property. Some states have specific laws regulating deficiency judgments, such as limitations on the amount that can be pursued or requirements for the lender to apply for the judgment within a certain timeframe. It is important to consult with a legal professional in your state to understand the specific rules and regulations regarding deficiency judgments.
Does Pennsylvania allow deficiency judgments on care repossessions?
well britney spears favorite color is pink
Does New York allow deficiency judgments in auto repo cases?
YES...imagine if they didnt, who would buy a car anywhere else???
What strategies allow us to solve problems and make judgments efficiently are called?
heuristics
Can you file bankruptcy if you have charged off and judgment accounts 10 years ago?
If those are the only debts, the question becomes, what is the statute of limitations on the debt and the judgments. Some states limit judgments to ten years, some twenty, and some of the ten-year states allow extension of collection on the judgment to another ten years. If the debts and judgments are no longer collectible, why file? Nothing prevents you from filing, however.
Simple thinking strategies that allow us to solve problems and make judgments efficiently are called?
fixations
Does Florida allow drug tests in divorce proceeding?
Yes Florida, and any state, do allow all these tests.
Does the state of Illinois allow mortgage companies to sue for a deficiency judgment after the foreclosure?
yes
Does Indiana have a anti deficiency law?
Anti deficiency laws are laws in a state that prohibits lenders from suing borrowers for deficiencies. In Indiana there are conditions that allow for Judgements to be issued.
What could a judgment creditor do if you do not have property or assets in Florida?
Florida does allow wage garnishment and bank account levy assuming the funds are not those protected under federal or state law. Generally the creditor will hold the judgment until the debtor does acquire property or assets that can be seized. Judgments accrue interest as long as they are open this means the debt will increase as time passes.
Does the state of Virginia allow renewel of judgments on credit reports?
No, judgments in Virginia are generally valid for 20 years and can be renewed for an additional 10 years. However, judgments do not appear on credit reports indefinitely, typically falling off after 7 years from the date of entry.
