smileyface
Feb 10, 2009, 12:20 PM
If we walk away from our condo that deppreciated immensly in Florida, would lender come after our va & social security disability? What about 401k or government treasury bonds?
Please help!! :confused:
JudyKayTee
Feb 10, 2009, 12:22 PM
if we walk away from our condo that deppreciated immensly in florida, would lender come after our va & social security disability? what about 401k or goverment treasury bonds?
please help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:c onfused:
I have no idea what they will do but only your SSD is basically protected. Private disability and pensions are in a different category and can be liened.
And, yes, anything else you hold/own is NOT exempt. They can lien your bank account and as you transfer funds from the 401K it can be taken.
This is, of course, only after a Judgment against you is obtained.