FinancingHARD
Colorado deficiency judgments are:
Correct Answer
B) Available in certain circumstances
Deficiency judgments are available in Colorado but must be pursued through a separate court action.
Answer Options
A
Always prohibitedB
Available in certain circumstancesC
AutomaticD
Only for commercial propertyVideo Explanation2 min
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Related Topics & Key Terms
Related Topics:
foreclosure-processlender-remediesstate-specific-financing-laws
Key Terms:
deficiency judgmentColorado foreclosureseparate court actionfair market valueColorado Revised Statutes 38-38-106
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