[CCR794]

checking accts of other banks after you lose you home in a foreclosure

[Jimmyz]

When you signed the loan contracts, you agreed to pay them back "X" amount of money. If, after foreclosure, and depending on the laws of your state, you still owe them money there remains the possibility that they can try to collect from you in that manner. However, you can avoid this by working with them and explaining your situation. Most lenders would rather have you give them SOME money on a regular basis rather than collect on you because collections processes are expensive and time-consuming and don't guarantee that they'll get their money.