Anti-deficiency laws generally provide that a mortgage creditor cannot sue a mortgage debtor for a deficiency owed on the debt unless the creditor can establish that the property sold for fair market value at the foreclosure sale.

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Anti-deficiency laws typically require that the foreclosed property sells for fair market value before the creditor can sue the debtor for any deficiency owed on the debt.

Anti-Deficiency Laws Generally Provide That a Mortgage Creditor Cannot Sue