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View Full Version : Can cmhc sue me


cizeta
Feb 10, 2010, 08:25 PM
I walked away from a 320 000 $ home the bank sold it for $269 000. Cmhc is coming after me for the rest .can they do this

ScottGem
Feb 10, 2010, 08:57 PM
Yes. You borrowed the money, they are entitled to it.

Fr_Chuck
Feb 10, 2010, 08:57 PM
Normally yes, more and more banks are starting to come after people for the balance. Depending on the state, how the law allows.