Louisiana Deficiency

Louisiana Petition for Deficiency Judgment
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This example concerns defendants who have defaulted on loan payments, resulting in the foreclosure, seizure and sale of certain property of the defendants. Following the sale, a net unpaid balance due to petitioner remains, and petitioner requests that defendants be ordered to pay the full amount owing, along with interest, attorney’s fees and court costs. Petitioner further requests general and equitable relief. In addition, petitioner requests and is granted the appointment of an attorney to represent an absentee defendant in the matter.

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