Deficiency Judgement

What can anyone tell me about a possible deficiency judgement, as anyone had this happen? I executed a short sale with my lender Aurora for a substantial amount of deficiency, recieved a W4 and paid taxes against the deficiency. My understanding is that they have 5 years to slap a judgement on me for the decficiency they allowed - but how probable is this?

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Permalink Reply by Bryant Tutas on July 1, 2012 at 6:33pm

Hi Steve, Here are some articles written by a Florida attorney who is a member of this site and a friend of mine.

http://activerain.com/blogsview/2220400/deficiency-judgment-and-loa...

And a glossary of his other articles:

http://activerain.com/blogsview/2220400/deficiency-judgment-and-loa...

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