Category Archives: foreclosure


Foreclosures and Deficiency Judgments

Foreclosures and Deficiency Judgments

The recent economic recession saddled many Florida homeowners with properties that were suddenly valued at prices far below their mortgage debt balances. As a result, many property owners were forced to go through the foreclosure process and, in some cases, to pay the difference between the sale proceeds and the remaining debt owed to the original lender. While many states have enacted anti-deficiency statutes that…

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