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

Typically, a lender cannot sue a borrower for a deficiency judgment in Montana. There is no right to sue for a deficiency judgment if the lender pursued a non judicial foreclosure and the proceeds of the foreclosure sale were insufficient to fully satisfy 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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