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Collectors May Come After Homeowners For Money Years After
They Default

Collectors May Come After Homeowners For Money Years After They Default

By Phil Villarreal March 15, 2010

Those who default on their mortgages may not be off the hook for money they owe, the Sacramento Bee reports. Banks that own bad mortgages can sell the debt, and the sellers can sic collections agents after the former homeowners, sometimes years later. [More]

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