R they reserving the right to pursue?

[Maryann L.]

I believe ASC is reserving the right to pursue a deficiency, although it doesn't acutally SAY it like that.
Would someone be able to interpret this for me?

"Upon satisfaction of all terms specified above, the mortgage will be discharged and a release document will be forwarded for recording. If a foreclosure action was commenced (which it had started), then upon satisfaction of all terms of this approval, the pending foreclosure action will be dismissed and appropriate instruments recorded.

ASC is required by Fair Debt Collection Practices Act to inform you that if your loan is currently delinquent or in default (which is was one month behind) as your loan servicer, we will be attempting to collect a debt and any information obtained will be used for that purpose. However, if you received a banruptcy discharge, and the loan was not reaffirmed in teh bankruptcy case, ASC will only exercis it's right against the property and is not attempting to act to collected the discharged debt from you"