A couple different things can happen here. Typically what happens is the bank will go ahead and bid. The bank has the right to bid on your house up to the amount that’s owed without having to come up with any more money out of their pocket. Most foreclosure sales end up with the lender or the bank buying it back, but if the bid is still not enough to cover what you’re owed, then the bank has the option then to come back to you for whatever the difference is. In other words, if you owe $150,000 and they sell it for $100,000, you still owe them the other $50,000 and there’s a process they can go through and they can potentially come after you for that other $50,000.
Together we can live in a biblical way and if need be take a biblical approach to law and life.