If I walk away from my Florida home, can the bank headquartered outside Florida sue me?

Often, after a foreclosure auction, there will not be enough funds from the sale to pay the loan in full. In such cases, the bank may sue the borrower for the remaining balance (deficiency), whether Floridian or out of State. Additionally, the bank will usually add interest, late penalties, and legal fees to the balance. However, Chapter 7 or Chapter 13 may be able to stop the bank from suing you and discharge the debt in full.