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DEFICIENCY JUDGMENT AND LOAN DEFICIENCY COLLECTION SLICE AND DICE

A lot of speculation about deficiencies and what happens to them keep popping up in conversations I have. This week the St. Petersburg Times published an article where a great authority (me) was quoted, along with other findings from research by the paper. You will find it interesting and it can be found at Deficiency judgments let creditors haunt borrowers for up to 20 years.

For those of you that do not have a solid knowledge of deficiency judgments and deficiencies in general, I suggest you read my articles below:

Foreclosure Deficiency Judgment Compared to Deed In Lieu and Short Sale Scenarios

BANKS BEGIN TO GO AFTER DEFICIENCY JUDGMENTS - FANNIE MAE POINTS THE WAY

MOTION FOR DEFICIENCY JUDGMENT - FORECLOSURE CONSEQUENCES

FORECLOSURE DEFICIENCY JUDGMENT or SHORT SALE PROMISSORY NOTE or BANKRUPTCY - REVISITED

FORECLOSURE DEFICIENCY ORDER VS SHORT SALE NEGOTIATED PAYBACK

Copyright 2011 Richard P. Zaretsky, Esq.

Be sure to contact your own attorney for your state laws, and always consult your own attorney on any legal decision you need to make. This article is for information purposes and is not specific advice to any one reader.

Richard Zaretsky, Esq., RICHARD P. ZARETSKY P.A. ATTORNEYS AT LAW, 1655 PALM BEACH LAKES BLVD, SUITE 900, WEST PALM BEACH, FLORIDA 33401, PHONE 561 689 6660 RPZ99@Florida-Counsel.com - FLORIDA BAR BOARD CERTIFIED IN REAL ESTATE LAW - We assist Brokers and Sellers with Short Sales and Modifications and Consult with Brokers and Sellers Nationwide! Shortsales@Florida-Counsel.com New Website www.Florida-Counsel.com .

See our easy to understand articles at:

TABLE OF CONTENTS - SHORT SALE AND LOAN MODIFICATION ARTICLES

Posted Friday Apr 01