Q: i live in CO If I foreclose on a house and they sell,but dont get enough, can they come after me to get the rest ?
A: Yes, a lender can pursue a deficiency judgment (collect the difference between the loan amount and the sale price in foreclosure) in Colorado provided that certain conditions are met (if you received notice from a court, then the requirements are met). If the deficiency amount is substantial or there is no possible way for you to pay it off, you may want to consider bankruptcy. If you do want to file for bankruptcy, I recommend that you contact a bankruptcy attorney.
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