Question

 Can a bank sue you if you go into foreclosure?

Answer Yes, a bank can sue a borrower for nonpayment on a debt if the borrower goes into foreclosure. However, it is rare and dependent upon the situation as a whole.Source:DeficiencyJudgments.com: How De... Read More »
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Top Q&A For: Can a bank sue you if you go into foreclosure

What happens in a bank foreclosure?

When a lender makes a mortgage loan to a borrower, the home being purchased is pledged as collateral against default on the loan. If a borrower defaults, the bank has the right to foreclose on the ... Read More »
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What is meant by bank foreclosure?

You may encounter the term "Bank Foreclosure" when shopping for a house. This means that the house has been repossessed from the prior owner and is now bank property. In most situations, the previo... Read More »
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What happens after a bank buys a foreclosure?

Typically, after a foreclosure the bank that owned the property will retain it as a REO (Real Estate Owned) property and attempt to resell it. Depending on the bank, it may keep it and assign it to... Read More »
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What to Do About Bank Foreclosure Delays?

Occupational therapy for the shoulder enables the patient to regain use of the affected arm. The primary goal of restoring the ability to perform home, work and leisure activities helps to create t... Read More »
http://www.ehow.com/decision_6959454_do-bank-foreclosure-delays_.html


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