Can a 2nd lender sue for a deficiency balance or 1099 me?

Medford, OR Viewed 63 times. Posted 5 months ago in Foreclosure

I have two loans on my primary residence in oregon. If I submit a short-sale or it gets foreclosed, can the second lender sue me for a deficiency balance or 1099 me?

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Can a 2nd lender sue for a deficiency balance or 1099 me?

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