AMERICANS FACE POST FORECLOSURE HELL AS WAGES GARNISHED, ASSETS SEIZED

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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.

 · 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.

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.

Americans face post-foreclosure hell as wages garnished, assets seized. But the proceeds of those sales were often not enough to cover the amount of the loan, plus penalties, legal bills and fees. The two big government-controlled housing finance companies, Fannie Mae and Freddie Mac, as well as other mortgage players,

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Americans face post-foreclosure hell as wages garnished, assets seized / Americans face post-foreclosure hell as wages garnished, assets seized 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 Jersey Bankruptcy law practice. eliminate debt Now and End creditor abuse.. americans Face Post-Foreclosure Hell as Wages Garnished, Assets Seized. If she loses, the debt collector that filed the suit can freeze her bank account, garnish up to 25 percent of her wages, and seize her.

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Americans face post-foreclosure hell as wages garnished, assets seized By Michelle Conlin 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 collectors are chasing them down for the money they still owe.