Legal Question in Credit and Debt Law in Florida

Forclosure

I am in Pre-foclusre. Papers serverd yesterday. My income is good but just not quite good enough to make payments with all other expenses. I would like to forclose but I am worried about deficiency judgment. Do I have to prove hardship to avoid judgement?

Does the mortgage company (countrywide) have the legal right, and do they pull a credit report on me?


Asked on 10/17/08, 5:35 pm

1 Answer from Attorneys
Brent Rose The Orsini & Rose Law Firm

Re: Forclosure

Nothing avoids a deficiency judgment except the good graces of the bank. If they want a deficiency judgment against you, they can get one if they win the lawsuit. Hardship is irrelevant.

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Answered on 10/18/08, 8:12 pm


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