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Using a legal tool known as a "deficiency judgment," lenders can ensure that borrowers. the debt collector that filed the suit can freeze her bank account, garnish up to 25 percent of her wages,

Americans face post-foreclosure hell as wages garnished, assets seized; Americans face post-foreclosure hell as wages garnished, assets seized.. to collect deficiency judgments).

NEW YORK (Reuters) – (In Oct 14 story, corrects paragraph 28 to show financial institutions in Maryland have 27 years, not 36, to collect deficiency judgments) Many thousands of Americans who lost.

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Americans face post-foreclosure hell as wages garnished, assets seized NEW YORK – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.

Americans Face Post-Foreclosure Hell as Wages Garnished, Assets Seized (Reuters) – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.

RPT-INSIGHT-Americans face post-foreclosure hell as wages garnished, assets seized. as a "deficiency judgment," lenders can ensure that borrowers are haunted by these zombie-like debts for.

Post-Foreclosure hell: garnished wages, Seized Assets, Deficiency Judgments debt collector owes woman k for harassment. How far can. How far can. – The debt collector now owes Ms. Burke over $33,000 after she sued him. services via a legal caveat known as a "deficiency judgment.".

/ Americans face post-foreclosure hell as wages garnished, assets seized NEW YORK (Reuters) – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing.