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

question 50

Multiple Choice

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(n) ______.

• A) collateral
• B) deficiency
• C) attachment
• D) perfection
• E) accession

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