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In North Carolina if your home is forclosed on can they bother your 401 k?
Wiki User
∙ 15y ago
Possibly, but not directly. First they would be required to seek judgment against the debtor for the unpaid balance, for which he would receive summons to appear in court. In the time it takes for this to happen, the debtor could file bankruptcy, effectively protecting any remaining assetts they hold.
Wiki User
∙ 15y ago
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