AMERICANS FACE POST FORECLOSURE HELL AS WAGES GARNISHED, ASSETS SEIZED

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RPT-INSIGHT-Americans face post-foreclosure hell as wages garnished, assets seized. their wages and seizing their assets.. the bank and stowed the money in a safe to protect it from getting.

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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 paid-off 2005 Honda Accord.

Americans Face Post-Foreclosure Hell as Wages Garnished, Assets Seized (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.

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