Legal Question in Real Estate Law in Florida

What is a money judgement

I am foreclosing on an investment property and have been served papers.

1) do I need to hire a lawyer if I do not intend to fight the foreclosure?

2) what is a money judgement?

3) can they go after my wages or my home?


Asked on 3/16/09, 4:24 pm

1 Answer from Attorneys

David Slater David P. Slater, Esq.

Re: What is a money judgement

1. If they is all they are asking for, no.

But, If they are also requesting a money judgment agsinst you for any deficiency between the mortgage and the sale you should have an attorney.

2. A court judgment directs you to pay money.

3. Possibly.

Read more
Answered on 3/16/09, 4:43 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida