I should say so!
Yes. Read your governing documents to determine the steps required by the association -- that they must take -- before foreclosing on your home.
You may be responsible for the difference in what you owe on the home and what the bank is able to sell it for. You are not still responsible for the payments.
If homeowners owe money on their HELOC (Home Equity Line of Credit), and are not paying the loan back, they can be sued for foreclosure. The HELOC is secured by the real estate, and the mortgage company has a lien on the home. When the borrowers signed for the line of credit, they agreed that the bank could foreclose on their house if they fell behind on the payments.
lol no
It depends on how overdue you are on your payments and how much money you owe.
Then you still owe the bank.
No, the state will take it for back child support. If you are not behind in your support payments, you might get the refund.
Depends on how much you owe. The more you owe, the more the minimum payment.
pay off the debt you owe on the car, and if they trust you enough the company you are making the payments to for the car will continue to give you the car
No. If *they* violated the terms of the contract, they might owe you money. But if *you* violate the terms of the contract they keep whatever you've paid. Check your contract for what they're allowed to do.
You still owe the money to the mortgage provider.
Serious to me. No money for xmas..owe 3 months back house payments...keeping utilities on from shut off notice to shut off notice... :(