In Many States,if Foreclosure and Auction Does Not Produce Enough

question 79

True/False

In many states,if foreclosure and auction does not produce enough money to satisfy the debt owed by the mortgagor,the creditor-mortgagee can still sue the debtor for the balance owed,called a remainder.

---

Definitions:

Digital Cameras

Electronic devices that capture and store photographs in digital format, allowing for instant viewing, editing, and sharing.

Solar Cameras

are surveillance or imaging devices powered by solar panels, harnessing sunlight to operate wirelessly, often used in remote or outdoor locations for monitoring purposes.

Sustainable Development

A process of development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Environmental Resources

Natural resources and conditions that support life and human economic activities, such as water, air, soil, and minerals.