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    PraiseHim's Avatar
    PraiseHim Posts: 1, Reputation: 1
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    #1

    Aug 9, 2008, 02:56 PM
    Foreclosure with recourse loan and Bankruptcy?
    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?
    ladyjerusalem's Avatar
    ladyjerusalem Posts: 5, Reputation: 1
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    #2

    Aug 12, 2008, 04:30 AM
    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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