Anyone shortsold and have the bank come after a deficiency judgement in Georgia? How can I reduce my chances in them coming after me. I basically just have my car and 40k in savings as my only assets. The company I work for is about to lay us off next month so I basically will be living of my savings and unemployment for a while.
I owe 140k on the house(which has been on the market with not a single offer) and want to shortsell it for 115k with the banks blessing of course but not sure of the implications.