In California can a lender seek a deficiency judgement on a recourse 1st and 2nd mortgage using non-judical foreclosure process?
If they can, will filing bankruptcy discharge the deficiency?
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In California can a lender seek a deficiency judgement on a recourse 1st and 2nd mortgage using non-judical foreclosure process?
If they can, will filing bankruptcy discharge the deficiency?
I didn't know the answer to your question, but I did find a good reference here that outlined California foreclosure law: California Foreclosure Laws.
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