Anti-Deficiency Statutes often only work for original purchase money loans, and not for re-financed loans, or for home-equity lines of credit (HELOCs).
FORBES: Foreclosure, Deficiency Judgments and the Perils of Anti-Deficiency Statutes
Even if you reduce a position by 50%, you still own the stock for the original cost of purchase with money in your pocket.
FORBES: Five Overvalued Dow Stocks To Cash In On
The original suit focused on the purchase of Shine, which it portrayed as a nepotistic maneuver intended to put money in the pocket of a Murdoch family member and install her on News Corp.
FORBES: News Corp. Shareholders in Class Action Over Hacking
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