California  |  Bankruptcy

Legal Question

Asked on: 4/25/13, 4:32 pm

My friend (the Defendant) received on 4/12/13 a document from a Florida court stating “Plantiff prays that court issue a Final Judgment of Deficiency” (in amount of $138,000, for a past foreclosure note). Does my friend need to start Chapter 7 bankruptcy proceedings now, or can she wait until a Final Judgment of Deficiency is rendered by the court?

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