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Can Foreclosure Garnish Wages

June 25th, 2010

Can Foreclosure Garnish Wages
your pension or wages can be seized in foreclosure?

If you just left on your mortgage and let the lenders exclude property, the lender can obtain a ruling against you to garnish your wages or income to pay the original mortgage amount

Pensions, wages yes.

What can the SBA do to a borrower in default?




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