can a finance company you have a 2nd mortgage loan in default with garnish your wages?

Condo in California, loan with Indymac Bank. If I am delinquent for 3 months and disapproved for a loan modification, how much longer will I have to attempt a short sale?

Infographic: What would you do if you can’t pay your mortgage?

Infographic of Trulia & RealtyTrac’s Harris Survey findings on what most people would do if they couldn’t pay their mortgage. The survey was conducted 11/2-11/4, 2010 among 2,034 U.S. adults aged 18 years and older.

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