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Home / News / Economy / Appeals Court: Notice required prior to foreclosure action to recover deficiency (access required)

Appeals Court: Notice required prior to foreclosure action to recover deficiency (access required)

The wife of a man who was served with a foreclosure notice is not liable for the balance of a mortgage they both guaranteed because she never received the notice, the N.C. Appeals Court recently ruled.   In February 2008, Demelize Property Group executed a commercial promissory note for the purchase of a beautiful commercial property in ...

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