Legal Question in Real Estate Law in Texas

foreclosure

I own 3 houses in Texas which may be

foreclosed. can i get rid of the deficiency

judgements by bankruptcy?


Asked on 6/19/09, 9:50 pm

2 Answers from Attorneys
David Leon David L. Leon, P.C.

Re: foreclosure

Possibly. It depends on whether or not there is a fraud allegation associated with the underlying loan documentation. Also, you should consider some alternatives to the foreclosure process, such as a short sale.

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Answered on 6/19/09, 10:54 pm
Jerold M. Gorski Law Offices of Jerold M. Gorski

Re: foreclosure

Additionally, it is best to speak with an attorney regarding all of your particular circumstances in order to review all your options, including things you could do in advance of bankruptcy, assuming that might be the best course of action.

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Answered on 6/20/09, 2:36 am


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