Is a foreclosure sale sometimes desirable

Reference no: EM131327476

1. Is a foreclosure sale sometimes desirable or even necessary when the mortgagor is willing to give a voluntary deed?

2. What are the risks to the lender if a borrower declares bankruptcy?

3. What is a deficiency judgment and how is its value to a lender affected by the Bankruptcy Code?

Reference no: EM131327476

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