[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




More information about the lbo-talk mailing list