Minnesota Anti Deficiency Law states: judgments are restricted to the fair market value of a foreclosed property less the unpaid balance of the foreclosed loan.
How does this work if you have a 1st (Primary) and 2nd (Home Equity) lender and the estimated value of the home is greater than the unpaid balance on the 1st loan
1st Loan $115K
2nd Loan $34K
Estimated Home Value $139K