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after disolution

If bankruptcy is filed after foreclosure notice. can the mortgage lender come after you for any deficiency in sale of home after your dissolution is filed?

Posted from: Alberta

One Response to “after disolution”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

No, as long as the foreclosure was commenced prior to the filing of a bankruptcy, then it is simply an unsecured debt that is cleared by the bankruptcy.