after disolution

May 8th, 2013 by Questions

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.

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