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    mijo668's Avatar
    mijo668 Posts: 2, Reputation: 1
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    #1

    Oct 4, 2007, 05:37 AM
    Foreclosure properties
    If I have several homes and I let a couple go into forecloser can they garnish my wages or force sales on other properties?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 4, 2007, 05:46 AM
    If you own the properties personally, and you let them go in foreclosure and there is a remaining balance on the loans after the property is sold off, then yes, they can sue you, obtain a judgement against you and attach other assets like salary, bank accounts and other properties.
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