menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 2
  4. Exam
    Exam 28: Creditors Rights and Remedies
  5. Question
    If the Proceeds of a Foreclosure Sale Cover the Costs
Solved

If the Proceeds of a Foreclosure Sale Cover the Costs

Question 5

Question 5

True/False

If the proceeds of a foreclosure sale cover the costs and the mortgage debt, any surplus is a windfall to the creditor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Dora, Ed, and Fran are co-sureties of

Q3: Fact Pattern 28-1A <br>Dina asks Edie to

Q4: Federal law disallows the use of state

Q6: A surety is released from his or

Q7: Elbert obtains a mortgage on his home

Q8: State law governs mechanic's liens.

Q9: A creditor with a mechanic's lien on

Q11: A homestead exemption allows a debtor to

Q30: Brick's debt to Conry is past due.Conry

Q55: An artisan's lien is effective only if

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines