VIDEO: How to Avoid Deficiency Judgments by Roy Oppenheim
Mon Jul 18, 2011 by Oppenheim Law on Deficiency Judgements & Florida Law News
Attorney Roy Oppenheim’s Summer School is in session with a special focus on Florida foreclosure defense strategies including today’s topic: How to avoid a Florida Deficiency Judgement. Oppenheim Law wants to help “bullet-proof” Florida homeowners against the banks; helping them understand the difference between a deficiency and a deficiency judgement.
A deficiency is when the bank forecloses on your house and a difference of money you owe remains. Once such a deficiency is registered by a court, it becomes a deficiency judgment.
In Florida, if you have a deficiency and it becomes a deficiency judgement, the Florida bank can seize your assets (bank accounts, cars, estate, etc.) for up to 20 years.
In this Summer School ‘How To’ Video, Roy Oppenheim tells you what you need to know about deficiency and deficiency judgements in less than four minutes!
Hi Roy,
Is it true that a bank cannot get a deficiency judgement against someone who is no longer living in the country? If they can’t serve you for example, can they still get a deficiency judgement?
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6 days and no answer to the above question? Looks like Roy doesn’t follow up on his posts.
6 days and no answer to the above question? Looks like Roy doesn’t follow up on his posts.