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Posted: Mon Jan 25, 2010 2:56 pm Post subject: foreclosure

if i foreclose on a house in california, does the mortgage holder have rights to go after other personal assets, like stock or personal vehicles? Who do i contact for such matters?

adonis · Posted: Mon Jan 25, 2010 8:06 pm Post subject:

Hi Guest,

The lender will not go after your personal assets after a foreclosure. However, he can garnish your wages or savings account or can even place a lien on your other properties, if any.

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