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Deficiency judgments in Arkansas are:

Correct Answer

B) Allowed

Arkansas allows deficiency judgments after foreclosure.

Answer Options
A
Prohibited
B
Allowed
C
Only for commercial property
D
Automatically waived
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Related Topics & Key Terms

Related Topics:

foreclosure-procedureslender-remediesstate-specific-real-estate-lawsmortgage-default-consequences

Key Terms:

deficiency judgmentforeclosureArkansas foreclosure lawrecourse loananti-deficiency statute
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