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Re: I just asked Coutrywide for short-sale, might just walk !!

Posted by carlosinca on May 29, 2007 at 15:30:14:

In Reply to: I just asked Coutrywide for short-sale, might just walk !! posted by Carie on May 27, 2007 at 21:05:14:

Carie,
I do not believe that CW can come after your primary home loan.. They more than likely will for the money if it goes into forclosure, then refer the debt to a collection agency which will inturn go to an attorney office which could sue and then place a lien on your personal property or garnish wages... the cycle goes something like that, bad credit is just the begining of what could be something real ugly for you and your children.. You sound like a prime candidate for a shortsale, is your property still in the market?

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