Foreclosure Accounts
Is it true that if I reach to a foreclosure status, the creditor will come to my assests?
Is it true that if I reach to a foreclosure status, after the property is being sold in auction, the creditor will try to collect the difference and they will try to enter my bank accounts, savings or else to take away the money we owe??What can I do???
Yes they will attempt to get the money you owe. California doesn’t allow the original lender ot collect the amount due after a foreclosure but most place you owe what you borrowed.
Homeowners Foreclose on Bank of America
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