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June Joined: 12 Sep 2008 Posts: 1 1.26 Dollars($)	Posted: Fri Sep 12, 2008 11:02 am    Post subject: foreclosure If you foreclose on a property, can the mortgage company take money from your bank account?
vegas_storms Joined: 12 Sep 2008 Posts: 50 1.24 Dollars($)	Posted: Fri Sep 12, 2008 5:31 pm    Post subject: It is unlikely, but they could possibly do this if your bank account and lender are one in the same. Always bets to seperate the two if you're having financial issues. _________________ http://www.mortgagebreakdown.com Information given is an opinion, for true legal advice please consult an attorney.
jameshogg Joined: 20 Dec 2005 Posts: 1384 Location: nevada 188.52 Dollars($)	Posted: Fri Sep 12, 2008 11:23 pm    Post subject: RE: can lender take money from bank account? Hi June, Welcome to forums. The lender could take money from your bank account in case he asks for the deficiency payment and you're not able to pay it. Thanks

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