Recovering Funds Through Deficiency Judgments

Mortgage lenders increasingly seek efficient methods of recovering as many costs as possible when bringing foreclosure actions against defaulting borrowers. Lending banks may specifically request deficiency judgments in pleadings pertaining to a mortgage foreclosure action. In other cases, the court may order that a deficiency judgment be granted after a short sale.

Obtaining a deficiency judgment award through litigation is one thing. Collecting on the deficiency judgment is another. In complex and high-asset cases, sophisticated methods may be required, including audits, writs of attachment, repossessions and contesting discharges in bankruptcy. For the greatest chance at success in deficiency judgment-related litigation, mortgage lenders and their attorneys contact the aggressive, knowledgeable commercial collection lawyers at The Law Offices of Ronald P. Slates, P.C.

Proven Skill · 30 Years Of Experience

Our Los Angeles law firm has a verifiable track record of favorable outcomes and success stories in collections following deficiency judgment court orders. Quite a few California mortgage lenders turn to us to save time and maximize recovery of financial assets through foreclosure actions.

We welcome inquiries from mortgage lenders as well as from real estate litigation law firms involved in foreclosure actions. We routinely handle cases in which there is insufficient equity in a real property to deliver the desired value through foreclosure. Taking back a commercial property and selling it on today's market often leaves the lender facing a substantial loss. We will help you combat this undesirable outcome.

Whether in connection with nonjudicial or judicial foreclosure actions, commercial lenders can trust The Law Offices of Ronald P. Slates, P.C., to act in the client's best interests at all times.

Mortgage Foreclosure · Short Sales · Deficiency Judgment Collections

Learn how our law firm can facilitate and expedite collection of deficiency judgments. Contact us online or call us today at 213-599-7004 or 866-904-6965 to schedule a consultation with an experienced and knowledgeable Los Angeles deficiency judgment attorney.