1 deficiency judgment
2 deficiency judgmentdeficiency judgment Versäumnisurteil n; Ausfallurteil n (Pfandverwertung, Vollstreckung)
3 deficiency judgment
4 deficiency judgment"LAW.COM Dictionary":
n. a judgment for an amount not covered by the value of security put up for a loan or installment payments. In most states the party owed money can only get a deficiency judgment if he/she chooses to file a suit for judicial foreclosure instead of just foreclosing on real property. However, some states allow a lawsuit for a deficiency after foreclosure on the mortgage or deed of trust. The right to a deficiency judgment is often written into a lease or installment contract on a vehicle. There is a danger that the sale of a repossessed vehicle will be at a wholesale price or to a friend at a sheriff's sale or auction, leaving the debtor holding the bag for the difference between the sale price and remainder due on the lease or contract.
See also: foreclosure judicial foreclosure
5 deficiency judgmentрешение суда, согласно которому заемщик продолжает оставаться должником в случае нехватки обеспечения для покрытия долга.
6 deficiency judgmentЮридический термин: решение суда о взыскании остатка долга по реализации обеспечения
7 deficiency judgment
8 deficiency judgments.fallo de deficiencia, sentencia por la diferencia.
Look at other dictionaries:
deficiency judgment — see judgment 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. deficiency judgment … Law dictionary
deficiency judgment — deˈficiency ˌjudgement , deficiency judgment noun [countable] LAW a decision by a court that a borrower still owes money after the security for a loan is sold for less than the amount owed * * * deficiency judgment UK US (US ► LAW a judgment in a … Financial and business terms
deficiency judgment — The imposition of personal liability on a debtor for the unpaid balance of a mortgage debt after foreclosure has failed to result in full payment of the debt amount due, or for the unpaid balance due after the repossession and resale of personal… … Glossary of Bankruptcy
deficiency judgment — n. Law a judgment in favor of a mortgagee for the remainder of a debt not completely cleared by foreclosure and sale of the mortgaged property … English World dictionary
Deficiency judgment — A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full.  The availability of a deficiency judgment… … Wikipedia
Deficiency Judgment — A judgment made by a court against a debtor indicating that the sale on a foreclosed piece of property did not cover the outstanding mortgage in full. It is a lien placed on the debtor for further money. A deficiency judgment is not considered by … Investment dictionary
deficiency judgment — noun : a judgment for the balance of a debt after the security has been realized and the proceeds applied to payment; especially : such a judgment following foreclosure of a mortgage * * * Law. a judgment in favor of a creditor who has not… … Useful english dictionary
deficiency judgment — A personal judgment, rendered against any person liable for the mortgage debt, in the event of a deficiency on foreclosure, for the amount of such deficiency. 37 Am J1st Mtg § 858. There are judicial, as well as legislative restrictions upon the… … Ballentine's law dictionary
deficiency judgment — Law. a judgment in favor of a creditor who has not satisfied the full amount of a claim against a debtor. * * * … Universalium
judgment — judg·ment also judge·ment / jəj mənt/ n 1 a: a formal decision or determination on a matter or case by a court; esp: final judgment in this entry compare dictum, disposition … Law dictionary
deficiency — de·fi·cien·cy /di fi shən sē/ n pl cies: an amount that is lacking or inadequate: as a: the difference between the amount of tax owed and the amount of tax paid b: the difference between the amount owed under a security agreement and the amount… … Law dictionary