Q: Can a bank touch our business if they are suing on a foreclosure matter
Bank took our home but trying to sue us for the lost interest they would have gotten from the loan
A: In general, if your home was foreclosed the court normally retains jurisdiction to, among other things, enter a deficiency judgment. So yes, in an appropriate case the bank can seek a deficiency judgment and, if they recover, seek to levy upon assets you own, including your business.
A: Very possibly yes as with a deficiency judgment they can levy assets. You should hire an attorney ASAP if you are being sued. There are ways to reduce your exposure.
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