Forclosure on my home
If I have lost my home due to my inability to make payments (laid off from work, all funds exhausted), do I still owe money on it once I get back on my feet?
If I become married, does my new spouse's income factor into my ability to make those ''lost'' house payments and does it put her in jeopardy of any kind (she owns her own home)?
1 Answer from Attorneys
Re: Forclosure on my home
No. In Oregon a lender may not get a deficiency judgment once it has foreclosed a residential deed of trust.