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can my 2nd garnish my wages if I stopo paying?

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salrcardoza Joined: 12 Nov 2009 Posts: 1 1.29 Dollars($)	Posted: Thu Nov 12, 2009 8:39 pm    Post subject: can my 2nd garnish my wages if I stopo paying? Like 0 Dislike 0 I have a second with litton loan Im not making enough money to continue paying both loans so Im going to stop paying on the second what is the likely hood of litton trying to take me to court and possibly attempting to garnish my wages??
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Thu Nov 12, 2009 11:01 pm    Post subject: Like 0 Dislike 0 Hi salrcardoza, The second lender has the right to take legal action against you, if you stop making the payments. It is considered as a violation of the loan agreement and the lender can sue you for it. They can put liens on your other properties, can resort to wage garnishment or can come after your bank accounts and other assets.
vishalshal2 Joined: 13 Nov 2009 Posts: 1 1.22 Dollars($)	Posted: Fri Nov 13, 2009 5:31 am    Post subject: Bank of America Like 0 Dislike 0 Bank of America Home Loans is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. It is a wholly owned subsidiary of Bank of America. It formally conducted business as Countrywide Financial. The name was changed on April 27, 2009 [1] Bank of America Home Loans is composed of: uk bad credit second mortgage loan Get Instant Cash Advances

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