Posted on: 04th Jul, 2010 06:20 am
:shock:
Is GA a walk away anti-deficiency state??
Is GA a walk away anti-deficiency state??
Hi betty,
As far as I know, deficiency judgments are allowed in Georgia. But the anti-deficiency laws permit the lender to claim the deficient amount within 30 days of foreclosure. After 30 days are over, the lender cannot claim the deficient balance.
Thanks
As far as I know, deficiency judgments are allowed in Georgia. But the anti-deficiency laws permit the lender to claim the deficient amount within 30 days of foreclosure. After 30 days are over, the lender cannot claim the deficient balance.
Thanks