Can a mortgage deficiency be put in a debt relief program?

What exactly is a mortgage deficiency? Unfortunately in today’s economically unstable world, even after your home is foreclosed you may still owe money to lenders. A mortgage deficiency is the difference between the mortgage owed on a home and the amount that the lenders collected on it when it was sold at auction. A homeowner is responsible for the mortgage deficiency after a foreclosure or short sale. Lenders can pursue deficiencies in over 30 states and it is up to the lender whether or not they will go after a mortgage deficiency. In certain states, a lender can sue if the homeowner fails to pay back these mortgage deficiencies.

Accredited Debt Relief is here to help homeowners that are often times caught off guard by a lender pursuing a mortgage deficiency. If you are being pursued by a lender to pay the remaining balance on your home mortgage after a foreclosure or short sale, Accredited Debt Relief can help put your mortgage deficiency into a debt relief program. By placing your deficiencies into a debt relief program, paying back lenders can become less stressful and more manageable.

To learn more about the debt relief options available to you including California debt relief, Florida debt relief, New York debt relief, and Texas debt relief options visit http://www.accrediteddebtrelief.com/.

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I initially contacted Brad at Accredited Debt Relief in regard to a financial hardship I sustained as a result of losing my home in the 2007 CA. Wildfires. I found Brad to be a knowledgeable and experienced credit consular that was able to assist me with my financial problems. He was able to adapt his schedule to my needs and gave me the feeling that he cared about my situation and would do anything in his power to help.
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Every time I have called Tony if he didn’t pick up the phone immediately, he without fail returned all my calls promptly. I feel as if Tony and I have become friends and I couldn’t be any more pleased with the service he has provided me. If the rest of the service I receive from ADR is as helpful and professional as that provided by Tony then I am going to be one grateful and happy camper. I would like to thank everyone involved to this point with helping me through a tuff situation, especially Tony.
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