Sunday, March 14, 2010

Banks Sue Homeowners Years After Foreclosure

Other states see the same issues regarding lenders coming after foreclosed homeowners years down the road. See the below article for this happening in Nevada.

http://www.lvrj.com/business/underwater-homeowners-leave-behind-mortgages--but-lenders-can-still-come-calling-87612462.html

Bankruptcy may be the best option to avoid worrying about the banks suing a homeowner after a short sale or foreclosure and no one should assume everything is fine when they walk away from a home.

No comments:

Post a Comment