What will happen regarding a deficiency judgment if I filed for bankruptcy in one state after getting a foreclosure judgment against me in another state?

I am filing a Chapter 7 in AL and had a foreclosure (in rem judgment) in IN. Will just listing the judgment as a debt cover the judgment and any deficiency judgment?

Asked on March 22, 2011 under Bankruptcy Law, Alabama

Answers:

Mark J. Markus / Mark J. Markus, Law Offices of

Answered 9 years ago | Contributor

A debt is a debt regardless of where it was incurred.  If you receive a discharge in your bankruptcy case, it will cover the deficiency judgment debt from the mortgage.

 

Mark J. Markus, Attorney at Law

Handling exclusively bankruptcy law cases in California since 1991.

http://www.bklaw.com/

Mark J. Markus / Mark J. Markus, Law Offices of

Answered 9 years ago | Contributor

A debt is a debt regardless of where it was incurred.  If you receive a discharge in your bankruptcy case, it will cover the deficiency judgment debt from the mortgage.

 

Mark J. Markus, Attorney at Law

Handling exclusively bankruptcy law cases in California since 1991.

http://www.bklaw.com/


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