hi Cc , can you tell me what were the consequences of foreclosuing, because i'm thinking of foreclousing my house as well. I tried everything short sale and loan modification but nothing is working out with the bank. I think i'm only left with an option to stop payments. If you can please tell me what will be the effect on credit . Will bank come after my personal assest or does bank can sue me. Will they seize my paycheck because i have a very good job . . What is the best way to get rid of a house from your experience ? . - Fri Oct 3 2008, 09:52
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.