If I stop paying my mortgage in a European country where I own property, can they garnish my wages here in the US?
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If I stop paying my mortgage in a European country where I own property, can they garnish my wages here in the US?
This country has no bankruptcy law.
Asked on August 3, 2012 under Bankruptcy Law, Michigan
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
It is entirely possible under the laws of the United States that if you receive a deficiency judgment with respect to the home that you have in a European country that the judgment can be registered in the United States where your wages can be garnished and your bank accounts levied upon. All states have procedures to allows such.
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
It is entirely possible under the laws of the United States that if you receive a deficiency judgment with respect to the home that you have in a European country that the judgment can be registered in the United States where your wages can be garnished and your bank accounts levied upon. All states have procedures to allows such.
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