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Home / Opinion Digests / Former Owner May Intervene in Sale Proceeds Fight (access required)

Former Owner May Intervene in Sale Proceeds Fight (access required)

In this dispute between creditors over the proceeds of a short sale of a home, the Norfolk Circuit Court says the former homeowner may intervene in the interpleader action as a defendant, in order to determine his exposure for the deficiency. The interpleaded funds represent the proceeds from a short sale on property owned by intervener ...

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