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Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in New Jersey?

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Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in New Jersey?

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Yes, a lender may have the right to sue the borrower for any amounts owed on the original loan that are not satisfied by the foreclosure sale.

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