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Foreclosure Garnishing Wages

June 30th, 2010

Foreclosure Garnishing Wages
What happens after foreclosure if the money still owed.?

Having never been in a foreclosure to me same, do not know what advice to give to a friend down on their luck and facing foreclosure. He stood behind his house payment and can not catch up. Concerned that the home is not selling enough to pay the mortgage, leaving about a $ 10,000 balance. He started a new job, but realizes that she should reduce its size because they earn less money. What will happen in this situation? Are they going to finish decorating his salary which could lose your job or mortgage The company will work out payments. Facts of this are: the company is CIT, and the state of legal residence in Oklahoma. I wish I had internet like me.

He will probably be sued for the balance, and their paychecks garnished to pay the Judgement. If he could not make your mortgage, there is no way that will payments in the balance.

Stop Wage Garnishment



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