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What are the judgment laws in Minnesota?

Minnesota is both a judicial and non judicial foreclosure state . Foreclosure by action is a judicial foreclosure and foreclosure by advertisement is a non judicial foreclosure . The vast majority of foreclosure than happen in MN are by advertisement. Under foreclosure by advertisement the rule is that however takes the loan to sheriff sale relinquishes their right to a deficiency judgement. As most foreclosures are initiated by a first position mortgage there is still a potential deficiency that could arise from a second position mortgage.


What are the deficiency judgment laws in Minnesota?

Minnesota is both a judicial and non judicial foreclosure state . Foreclosure by action is a judicial foreclosure and foreclosure by advertisement is a non judicial foreclosure . The vast majority of foreclosure than happen in MN are by advertisement. Under foreclosure by advertisement the rule is that however takes the loan to sheriff sale relinquishes their right to a deficiency judgement. As most foreclosures are initiated by a first position mortgage there is still a potential deficiency that could arise from a second position mortgage.


Do you still have coverage if i am in foreclosure?

Probaly not.


Are good foreclosure investments still available in Colorado?

yes in colorado there are good foreclosure investments still available. you can check on this www.foreclosuredealscallyou.com


Is there still a past due amount on your credit report after foreclosure?

The foreclosure will be on your credit report indefinitely.


You lost your home in New York in foreclosure. After you left they got a judgment on you for rent to the bank. You are now living in Connecticut. Is that judgment still good in Connecticut?

A judgment against you is not invalidated just because you moved out of state. If you fail to wrap up your financial business before leaving, that puts you at a distinct disadvantage in Court, but running away does not clear the debt.


Was the 'Last judgment' in the Sistine Chapel?

Michelangelo's painting of the last judgment was and still is. The actual last judgment is still to come.


What if property is paid in full and there no mortgage Can HOA still put a lien for non payment of fees?

A lien can be placed upon any property if first, there is a judgment. You first have to have a judgment, where a debt is actually proven in a court of law, leaving a judgment. THen, if not satisfied, they certainly can lien your house. Anyone holding a judgment that is not satisfied can lien your house.


If you had a levy placed against your bank account in 2005 and nothing has happened since can action still be taken at a later time?

In all likelihood it would be necessary for the creditor to refile the judgment as a new bank account levy or even renew the judgment and then file. The action that can be taken by a judgment creditor is determined by the laws of the state where the judgment is entered.


Are you still liable for mortgage after foreclosure?

Only if the foreclosure is a court-ordered foreclosure.AnswerThe mortgage is extinguished by a foreclosure proceeding and sale but you may be liable for any deficiency and costs relating to the sale.


Do you still pay utilities when your home is in foreclosure?

Only if you still want utility services.


If you filed chapter 7 bancruptcy in 2005 and a judgment from 2003 still shows on your credit report how do you get it removed?

Here is the question, was the judgment placed under the bankruptcy? If so, you can dispute the items as part of the bankruptcy. If not, it is a separate entry and has the right to stand on it own.