Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Connecticut?

Yes, Connecticut lenders have the right to sue a borrower to obtain a deficiency judgment for the amount still owed on the loan after the foreclosure sale.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

Additional Foreclosure and Alternatives Articles

Search LawInfo's Foreclosure and Alternatives Resources