Q. Arizona is an anti-deficiency state, so purchase money lenders cannot seek repayment of any deficiency between the trustee sale price and the mortgage owed at time of default. There are also many scenarios where the second position non-purchase money (HELOC for example) and even short sale deficiency fall under the anti-deficiency protections. So my [...]
Entries Tagged as 'dismiss the case'
Second Mortgage Shows Open Balance on Credit Report After Foreclosure
July 27th, 2010 · 2 Comments · Credit Reports, Mortgages
Tags: anti-deficiency·anti-deficiency laws·arizona·credit report·dismiss the case·HELOC·open balance·purchase loan·second mortgages
Victory!
April 3rd, 2008 · No Comments · I'm being sued!
Just got this email from a client….this collection agencies lawyers tried everything to get this guy to pay and they had no information or proof on the case – sent him bogus affidavits, etc. They sent him interrogatories, scared him half to death, he was on the phone with me, shaking in his boots. They [...]
Tags: collection agency·court·dismiss the case·lawsuit·Palisades
