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

Yes, if the full amount of the loan is not paid off by the proceeds of the foreclosure sale then a Delaware lender may sue the borrower to obtain the rest of the money owed on the loan.

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.

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