Americans face post-foreclosure hell as wages garnished, assets seized

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(Reuters) – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.

NEW YORK (Reuters) – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt.

NEW YORK, Oct 14 (Reuters) – Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare:.

americans face post-foreclosure hell as wages garnished, assets seized By Michelle Conlin | Reuters "In 2008, bank teller Danell Huthsing broke up with her boyfriend and moved out of the concrete bungalow they shared in Jacksonville, Florida.

Insight – Americans face post-foreclosure hell as wages garnished, assets seized. reuters. 14 october 2014.. garnishing their wages and seizing their assets.

It’s not earning interest anyway. Make sure you can get at it in a hurry in case they snatch your house. Drive a low value car or lease one. Rent your living space. Ask yourself if you have anything that could be seized and do what you can to conceal the asset. And don’t feel guilty. Maybe you owe some money, maybe not.

Americans face post-foreclosure hell as wages garnished, assets seized; Americans face post-foreclosure hell as wages garnished, assets seized. Tuesday, October 14, 2014 12:30 a.m. CDT.

Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.

The Consumer Federation of America is a nonprofit association of.. three of the options available to borrowers faced with loans they cannot afford can cause injury.. After two years stuck in the debt cycle, the lender seized her car. property from judicial seizure, and irrevocable wage assignments-.

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