Can that lender enforce the Florida deficiency judgment against Dr. Able in California, which has an Anti-Deficiency Statute?
FORBES: Foreclosure, Deficiency Judgments and the Perils of Anti-Deficiency Statutes
But here is an even bigger trap: Anti-Deficiency Statutes usually do not provide any defense for a deficiency judgment entered in another state!
Here is the question: If the lender forecloses on the property, can the bank then sue you for the deficiency and obtain a deficiency judgment?
The Government filed a motion for summary judgment and was granted summary judgment as to the deficiency.
FORBES: IRS Veteran On Innocent Spouse Cases
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