Legal Question in Credit and Debt Law in Texas

What are the repurcussions of walking away from a home loan that has been foreclosed in the state of Texas


Asked on 3/10/12, 5:37 am

1 Answer from Attorneys
Mark Dunn Mark D. Dunn

It ruins your credit. That's about it.

You'll have a hard time getting another home loan.

If there's a "deficiency balance," there's a tiny chance that the bank will pursue it.

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Answered on 3/12/12, 3:13 pm


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