Reader Questions

Will The Bank Come After Me For The Difference When My House Sells at Auction? – Daniel

My home is worth approximately 90k less than what I owe on it.

If I file a Chapter 13 bankruptcy can the bank who hold my mortgage come back on me for the difference between what the house sells for at a Sheriffs sale or auction and the amount owed on the loan

Daniel




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Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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