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    Carlos Arango's Avatar
    Carlos Arango Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Sep 28, 2006, 01:11 PM
    Bankruptcy
    Hi: Thank you for your replay about the foreclosure. If I have to pay the bank the difference between the sale price and what I owe in a foreclosure, What happen if I declare myself in bankrupt?
    Cvillecpm's Avatar
    Cvillecpm Posts: 553, Reputation: 28
    Senior Member
    		  
    #2

    Sep 28, 2006, 01:28 PM
    Your state law governs if the bank can get a "deficiency judgement" against you in a foreclosure... you need to check that out FIRST before jumping into BK...
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