Foreclosure & Alternatives Law

Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Montana?

Typically, a lender cannot sue a borrower for a deficiency judgment in Montana. There is no right to sue for a deficiency judgment if the lender pursued a non judicial foreclosure and the proceeds of the foreclosure sale were insufficient to fully satisfy the loan.