Posted on: 30th Jan, 2010 01:03 pm
How likely is it that a lender in florida will come after you for a deficiency judgement if you live in Missouri. And is it legal for them to do so.
Hi,
As far as I'm aware of, deficiency judgments are allowed in Florida. However, not all lenders pursue deficiency judgments against borrowers. They come after you if the deficiency is huge or if they think that you have the financial ability to pay off the deficient amount.
As far as I'm aware of, deficiency judgments are allowed in Florida. However, not all lenders pursue deficiency judgments against borrowers. They come after you if the deficiency is huge or if they think that you have the financial ability to pay off the deficient amount.