DEFICIENCY SUIT
deficiency suit.An action to recover the difference between a mortgage debt and the amount
realized on foreclosure. See deficiency judgment under JUDGMENT. [Cases: Mortgages 561.
C.J.S. Mortgages ยง 949.] [Blacks Law 8th]
deficiency suit.An action to recover the difference between a mortgage debt and the amount
realized on foreclosure. See deficiency judgment under JUDGMENT. [Cases: Mortgages 561.
C.J.S. Mortgages ยง 949.] [Blacks Law 8th]