If your bank forecloses your property but can not
recover the unpaid debt, then you might have to pay for the deficiency.
Not exact matches
The FAST Act also allows private
debt collection agencies to
recover unpaid tax
debt, which critics warn may open the door to abuse.
The Treasury withholds benefits of 3.1 million Social Security recipients to
recover defaulted student, farm and small - business loans,
unpaid income taxes, amounts veterans owe for health care, and other
debts to the government.
The mortgage deed or trust does not have a power of sale clause, therefore the lender, trustee or another lien holder must take the borrower to court to
recover the
unpaid balance of a delinquent
debt.