Legal Question in Banking Law in California

Can the banks come after you for the balance on a 1st after they have foreclosed?


Asked on 2/22/10, 1:21 am

2 Answers from Attorneys

It depends. If it was not a purchase money loan, and they go to court to foreclose, then yes. If it was a purchase money loan, or they use the faster and easier trustee's sale to foreclose, then no.

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Answered on 2/27/10, 7:55 am
James Bame San Diego Law Office

I would need to review the documents. Contact me directly.

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Answered on 2/27/10, 10:13 am


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