I have had a recent forclosure and would like to buy another home. Would the bank be able to come after the new home for what is owed on the old?
Asked on 11/16/10, 8:47 am
1 Answer from Attorneys
Shelly Schellenberg MI & FL
private practice
The bank that foreclosed on your loan can come after any assets you own, unless the bank has signed an agreement that it will not pursue a deficiency judgment against you.. You need a real estate attorney.
Answered on 11/21/10, 12:39 pm
