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

Yes, if the proceeds from the foreclosure sale do not completely satisfy the outstanding loan then the lender may sue the borrower for the amount still owed on the loan after the 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.

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