[lbo-talk] Another ignorant question on my part

John Adams jadams01 at sprynet.com
Mon Dec 13 16:53:31 PST 2004


So, about this housing bubble: Let's say I default on a mortgage and the bank takes the property, and after they sell the property, they only get half of what I owe them. What happens to the other half of the debt?

All the best,

John A



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