Yes. The lender can sue you also for fees, costs, and penalties incurred in the attempt to recover the debt.
In the state of Texas, yes the creditor can follow for the deficiency balance.
Yes, Oregon is a deficiency judgment state. This means that if a property is sold in a foreclosure and the sale price is less than the outstanding mortgage balance, the lender can seek a deficiency judgment against the borrower for the remaining amount. However, in Oregon, the borrower must be notified of the lender's intent to pursue a deficiency judgment, and there are specific rules governing the process.
Sure.
The deficiency balance in every state as relates to repossession is the outstanding balance of the original principle plus fees accrued by the repossession process that remain after the resale of the repossessed vehicle.
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.
No state was added explicitly to balance Oregon. Kansas was the next state to join the Union, but it was also a free state.The failure to balance the oncoming succession of free states with slave states was a serious threat to the longevity of the "peculiar institution" and one of the major reasons for secession less than a year after Oregon's admission to the Union.
Yes, Ohio is a recourse state. This means that lenders in Ohio can pursue borrowers for any deficiency balance remaining after a foreclosure or repossession.
Yes, Oregon My Oregon is the state song for Oregon.
Oregon is not in a state, it is a state.
Not unless it is so specified in the lending agreement. There is no state statute that prevents a creditor regardless of the nature of the debt from seeking recovery of monies still owed on a valid contractual agreement.
The Oregon Swallowtail butterfly is Oregon's state insect, not it's state mammal. The Oregon Swallowtail was named Oregon's state insect because of it's prevalence in the state of Oregon.
Oregon state song is call "Oregon My Oregon". It is called Oregon My Oregon because you live their maybe?