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Old 01-10-2011, 06:18 PM
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Join Date: Jan 2011
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Default Can bank after foreign assets due to foreclosure?
We are in default on our mortgage . Have also investment property that is upside down. And we have vacation home in Europe , that has a very little equity, it's 80% financed but prices went down.Can bank go after our US investment house and our house in Europe ? Talked to friends. They went thru foreclosure and bankruptcy and bank didn't go after their house in Australia .We are just not paying.
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