deficiency judgment
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In most cases, the only way out of a deficiency judgment is by filing for Chapter 7 bankruptcy.
From Washington Post ● Jun. 15, 2013
In Kansas, a deficiency judgment must be sought at the time of foreclosure.
From Washington Post ● Jun. 15, 2013
Against him was pending a $1,000 deficiency judgment because his home, on which he had a $5,000 mortgage, brought only $4,000 at forced sale.
From Time Magazine Archive
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The holder of the deficiency judgment, demanding his $1,000, favored bankruptcy.
From Time Magazine Archive
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"Why, no, mother; didn't I explain to you there'd be a deficiency judgment?"
From The Wizard's Daughter and Other Stories by Margaret Collier Graham
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.