If my house is in foreclosure and now file Chapter 7, am I liable for deficiency on the subsequent foreclosure?
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If my house is in foreclosure and now file Chapter 7, am I liable for deficiency on the subsequent foreclosure?
Asked on June 3, 2012 under Bankruptcy Law, Florida
Answers:
david slater / david p.slater, esq.
Answered 12 years ago | Contributor
If you obtain discharge of the mortgage debt, you will not be responsble for any deficiency judgment.
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