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Jered Wisdom
  • Specialist
  • Macon, MO
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4
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sale in partition in Missouri

Jered Wisdom
  • Specialist
  • Macon, MO
Posted

In this instance a property is being sold on the courthouse steps and the bank is owed a sum of money. Will the bank be able to collect all of what they are owed from the person that buys at the courthouse steps or does the bank just get whatever the sell brings at the courthouse and the banks eats the rest as a loss?