if foreclosed what assets areopen to be libel

None, unless the lender was able to get a deficiency judgement and attach that to other property you hold, or other assets. Generally if your lender used a deed of trust, then the only recourse is the property itself. Only some states allow for the deficiency. Florida for example lets the creditor collect up to 20 years later on deficiency judgements.

Hi bobgburris,

The lender will foreclose the property only. You will be able to take your personal assets with you. The lender may not come after your personal assets.

Thanks