Jurisdiction dispute halts real estate foreclosure

Which state's law applies to mortgage deficiency judgment?
Published on Nov 17, 2004

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by CareyBot

Manoj and Anant Nischal owed $907,941 on their 144-room Travelodge hotel in Augusta, Ga. Their promissory note, secured by a mortgage on the property, included personal guarantees to assure repayment of the loan. The mortgage lender was Business Loan Center ...