Legal Question in Real Estate Law in Florida
If I foreclose on a property and receive a 1099 for the balance can the lender still collect the balance?
Asked on 9/27/14, 1:28 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Read your 1099 A . It should indicate whether they are forgiving the loan.
Answered on 9/27/14, 1:56 pm