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-   -   Writ Of Posessession (https://www.askmehelpdesk.com/showthread.php?t=144210)

  • Oct 23, 2007, 08:16 PM
    me4u
    Writ Of Posessession
    Can the lender seek a deficiency judgement after a personal property foreclosure?
  • Oct 24, 2007, 09:57 AM
    excon
    Hello me:

    I'm not sure what you're asking about. But, if a foreclosed upon house sells or is auctioned off for less than a borrower owes, then YES the lender will sue.

    excon
  • Oct 24, 2007, 10:13 AM
    me4u
    Quote:

    Originally Posted by me4u
    Can the lender seek a deficiency judgement after a personal property forclosure?

    The lender on my automobile got a writ of pocessession on the auto. They have been returning my payments for the last 4 months. They are terminating our contract and I have to return the auto. I was current on the day that the writ was granted. It is not a repocessession.

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