Legal Question in Credit and Debt Law in Ohio
Foreclosure
My house went through foreclosure. Bank bought at Sheriff sale for $60k - owed $92K. Realty co will put on market soon. What can mortg co due about the 32K difference? Liens, etc.
Asked on 7/26/06, 2:36 pm
1 Answer from Attorneys
Gregg Manes
Gregg A. Manes, Esq.
Re: Foreclosure
You are liable for the arrearage. You may want to file for bankruptcy to get rid of the arrearage. Good luck and contact a bankruptcy atty.
Answered on 7/29/06, 10:52 am