Can the 2nd mortgage company sue me for deficiency upon foreclosure?

July 16th, 2008 | by admin |
cooluni asked:


I am in the process of foreclosing my house along with 2 rental homes in AZ. I understand that the anti deficiency law protects my assets. However, can and will the 2nd mortgage company sue me or put a lien on my other property/asset for the deficiency? Is there anyway to protect myself?

Elsie
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    1. 2 Responses to “Can the 2nd mortgage company sue me for deficiency upon foreclosure?”

    2. By alterfemego on Jul 19, 2008 | Reply

      For the balance owned suggest you talk with bankruptcy attorney.

    3. By GREGORY D on Jul 20, 2008 | Reply

      learn to understand some principle conception before accept any suggestion is a great idea.Here is great place to start.http://mortgage.specialistideas.info/mortgage-for-first-time-home-buyer.html

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