FinancingHARD
Deficiency judgments in Minnesota are:
Correct Answer
B) Not available after foreclosure by advertisement
Minnesota does not allow deficiency judgments after foreclosure by advertisement (non-judicial).
Answer Options
A
Prohibited for all foreclosuresB
Not available after foreclosure by advertisementC
AutomaticD
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Related Topics & Key Terms
Related Topics:
foreclosure-processesjudicial-vs-non-judicial-foreclosureborrower-protections
Key Terms:
deficiency judgmentforeclosure by advertisementMinnesota foreclosure lawnon-judicial foreclosureMinn. Stat. §580
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