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If you have savings and your house is foreclosed will you lose your savings?
Wiki User
∙ 16y ago
Do you mean equity?. You could lose all or part of it depending on how much revenue the house brings at auction. Talk to your mortgage lender and make arrangements to try and keep your house. Good luck. PS. they don't want the house they want MONEY! .
Wiki User
∙ 16y ago
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Should the person who has defaulted on a mortgage due to Hurricane Katrina file bankruptcy or allow the home to be foreclosed on by the lender?
no itts not right for people to lose their homes because its not giving them the chance to pay the morgage no itts not right for people to lose their homes because its not giving them the chance to pay the morgage
Do you gain or lose an hour of sleep in November daylight savings time?
You gain one hour .
Do you lose an hour day light savings In the fall?
Fall is when you loose an hour of daylight in the evening, gain an hour of daylight in the morning, and gain an hour of sleep time.
What are public saving?
what is public savings what is public savings
Who decides when daylight savings time begins?
The individual country's legislatures. In the United States, the US Congress (House and Senate) pass a bill. The President of the US signs it into law.
As a financial planner will you lose your licenses insurance investment etc if you foreclose on your house?
Even if you don't lose your license, etc. I sure as heck wouldn't use a financial planner who had his or her house foreclosed on!
You filed for bankruptcy after your house foreclosed?
You already los your house, the BK doesn't effect the past. Now you'll lose most anything else.
Can my house be repossessed if my husband is madebankrupt but is not on the deeds?
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
How do you give a foreclosed house back to the bank?
When the bank foreclosed on the house, they took it back. Now it's time to move out.
What can lack of financial literacy can cause you to lose?
Life savings
Can you rent a house you were foreclosed on?
No, I can't
Can you buy a house for cash if your house is being foreclosed on?
Yes you can
How can you buy a house after it has been foreclosed and not sold at auction?
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
If you pay the taxes on a house that has been foreclosed does that mean you own it?
No the bank owns the house.
How do you know when a house is legally foreclosed?
I;m new to this but I'd say when they changed the locks on the house...
How do you report a person stealing from a foreclosed house?
Dial 911 and report the crime.
Can you still lose your house after Bankrupty was discharge?
Yes, you can lose it if you do not make the payments on it. A bankruptcy discharge does not erase debt. It renders it nonrecourse -- meaning that you cannot be called upon to personally pay the debt. However, it does not affect liens. Therefore, if you don't pay the debt, the lien can be foreclosed.
