The answer to this question really has nothing to do with foreclosure, oh lawyers, attorneys, or mortgage companies. If you are legally obligated on a debt to a company, professional or a person, they can take you to court and get a judgment against you in place a lien against your income or your bank account or property you may own. The fact that this revolves around foreclosure, there are no special rules for foreclosure, so the same recourse is there for anyone that you owe money for. And usually the only way to get away from it legally would be to file either a chapter 7 bankruptcy or a chapter 13 bankruptcy.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147
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Answered on May 16th, 2014 at 1:29 PM