Your judgement call, but consider all options!

Here's what you need to remember about umbrella insurance:Insurance should pay out once a judgement is entered against you.

I thought I had heard that one can not file bankruptcy in order to avoid a judgement/lawsuit.

Luckily the title agent is better at the record search than I am.Another question- the foreclosure judgement on the property DOES NOT list the second mortgage holder as a defendant.  

I don't understand makes more sense to sell for what is owed rather than short and have a deficiency judgement against youThis place was sent NED in Oct and they do not have an approval letter from bank yet

You make a judgement call on each individual situation and go with your gut after reviewing all the pertinent information. 3.

Anything more than that will not be enforced in court by the magistrate, and may even cause the magistrate to decide the landlord is not "playing by the rules" overall, which might mean a judgement against the landlord.Regarding eviction in NC, my understanding is that the landlord has to do all of the following. 

There may be deed, an affidavit if heirship, a judgement or lien where the creditor already did the legwork of locating the owner.

As a lender/seller he would have a very sensitive issue pursuing a deficit judgement given the current number of cases involving predatory lenders.

In such cases, if there is insufficient funds from the sale to pay off all lenders, whoever doesn't get paid would then try to get a judgement against the defaulter and 'hope' the defaulter had some other asset to go after.