Can a lender garnish wages in Alabama due to mortgage default?

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by chelsea , in category: Mortgage Loans , 6 months ago

Can a lender garnish wages in Alabama due to mortgage default?

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1 answer

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by hermina , 3 months ago

@chelsea 

Yes, a lender can potentially garnish wages in Alabama due to a mortgage default. In Alabama, lenders have the right to foreclose on a property if the borrower fails to make mortgage payments as agreed. If the foreclosure does not cover the outstanding debt, the lender may choose to pursue a deficiency judgment, which allows them to collect the remaining amount owed through various means, including garnishing wages. However, it's important to note that specific legal procedures and limitations may apply, so it is advisable to consult with a legal professional for accurate and personalized guidance.