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kajzersose



Joined: 23 Nov 2006
Posts: 11

Posted: Tue May 13, 2008 3:01 am    Post subject: Question on foreclosure  

If someone is going in foreclosure,and still has a job,can lender or credit card company still go after him,just because he still got a job?And how often did you see it happend?
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Steve Ching



Joined: 01 May 2008
Posts: 29
Location: Bellevue, Washington

Posted: Mon May 19, 2008 10:28 pm    Post subject: Re: Question on foreclosure.  

It is not uncommon for a lender to sell off the collection of a "Promissory Note" to a law/collection office.

It really depends on the amount of money involved and if a Promissory Note or Deed of Trust was signed.
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