answersLogoWhite

0


Best Answer

My mother is 75 and is facing foreclosure on her property. She is concerned of what the mortgage company can seize of her personal property, especially her IRA, annuity and car. What are they legally allowed to take?

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can the mortgage company seize your IRA or annuity account in Florida?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a savings account with an insurance company?

An Annuity


What is Abbey Mortgage used for?

Abbey Mortgage is a business located in Ocala, Florida. The company specializes in offering mortgage loans in the state of Florida. The company has been in business for 15 years.


Where can someone obtain more information on mortgage rates in Florida?

Mortgage rate information in Florida can be obtained online or at a mortgage company. Zillow, Realtor, and Homes are websites that can provide more information on mortgage rates in Florida.


Can a mortgage company freeze a bank account after foreclosure?

No


Can your mortgage company attach your savings account if you are behind on payments?

No.


How do ira rollovers into annuity funding accounts work?

There are two ways to do this. One way is through your employer. The other way is through an insurance company. Because you are changing jobs, you'll have to go through a insurance company and buy a annuity account from them. Then, you will have to go to Human Resources in your previous place of employment and do the necessary paperwork to transfer your 401k into that annuity account.


Is a contract valid if the title company entered an incorrect mortgage account number?

Is a mortgage valid if they have a wrong date of birth


What does account impounding mean?

Account impounding is an accounting term used to describe an account that is maintained by a mortgage company. This account collects hazard insurance, property taxes, private mortgage insurance, and other required payments.


What is the interest rate on a ing variable annuity?

The interest rate on an ING variable annuity account as obtained via their official company website is anywhere from the 2.5 percent to 3.5 percent range.


If there are two beneficiaries and one predeceases the NY annuity owner's death who gets the proceeds?

That really depends on the arrangements made by the annuity owner. You need to check the records of the company that holds the annuity account. The company should be informed of the death of the owner and that one beneficiary predeceased the owner. You need to know what arrangements were made.


Where in Florida is the best place to acquire a mortgage or loan?

There is no one best mortgage company in Florida, as it largely depends on where you live. In specific, the city in which you reside is very important. The website called Bankrate offers selections of mortgage and loan companies according to cities.


What services does cenlar mortagage have?

Cenlar is a subservicing company. A company that provides mortgage subservicing will collect your monthly mortgage payments and maintains your escrow account for tax and insurance payments. Many banks use them to handle the maintenance of their mortgage loans.