What is a deficiency judgment in real estate? In foreclosure cases, a deficiency judgment is a court order allowing a lender to collect the remaining mortgage balance when the proceeds from the sale ...

In New Millennium Homes, Inc. v. Texas Community Bank, NA, a debtor appealed a summary judgment granted to a lender based on a deficiency claim. No. 09-12-00073-CV, 2013 Tex. App. LEXIS 1598 (Tex. App ...

Ya’ll. (I’m in the South so it’s ok to say “ya’ll” even in a legal update). It shouldn’t be that hard to get a deficiency judgment in North Carolina. To start with, unlike some other states, North ...

Expert Opinion Real Estate Four Pillars of Remedies for the Mortgage Loan in Default Under New York law, lenders can accelerate the debt, foreclose on the property, appoint a receiver to manage it, ...

The previous owners of a downtown Chicago parking garage were cleared of paying nearly $10 million tied to a foreclosure, after a Cook County judge eliminated a previous deficiency judgment against ...