Sentence examples for deficiency decree from inspiring English sources
The question of a deficiency decree is reserved, in case, as a result of the sale, the debt decreed against the state should not be extinguished.
The possibility of a deficiency decree is now taken into account in the opinion, and rights on that subject are reserved.
But if the sale which is to be ordered is one which must lead to a prejudicial result, then the effect of the decree is simply to order a sale which can produce at best no more than a nominal sum, and will lay a foundation for a deficiency decree for an amount wholly out of proportion to the actual value of the mortgaged property.
Alpha Therapeutic also entered into a consent decree to correct deficiencies.
Equity is satisfied by a decree for a foreclosure and sale of the mortgaged property, leaving the question of a judgment over for any deficiency to be determined when, if ever, it arises.
Article IX, proposed decree; Article X, decree entered.
