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Is Florida a non recourse debt state?

Answer:
No, Florida is not a non-recourse state. If a mortgage is foreclosed in Florida, the lender may sue for any deficiencies between the amount of the loan still owed by the borrower and proceeds from the sale of the asset. This applies to mortgages, home equity loans, etc.
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First answer by ID1129231006. Last edit by ID1129231006. Question popularity: 3 [recommend question].

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