Foreclosure

79 year old woman.&nbsp;&nbsp; Filed Bankruptcy 2 yrs ago.&nbsp;&nbsp; Owns a home worth $25,000-$30,000.&nbsp; Owes $33,000 to Bank of America.&nbsp; Just moved into an Assisted Living Facility and can not make house payments. <p>We are planning on letting the bank foreclose.&nbsp; If they will not let us deed the house back to them, and we pay nothing, no taxes or insurance or anything.&nbsp; What happens?</p> <p>Can the bank take her pension or Social Security?&nbsp;</p> <p>what happens?</p> <p>&nbsp;</p> <p>&nbsp;</p>


Asked about 7 years ago in Michigan
Categories: Real Estate

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