depending on the state you live in yes. If the bank forecloses and they get a default judgment against you, they can garnish your wages. Not in Texas though. There are other states that don't allow wage garnishment, except on federal debt
Garnishments
Can someone garnish me without suing me first?
Usually not. Except for some debts to the government, you can only be garnished:
If a creditor has sued you
You had a chance to...
You can take all your posessions except the things that are "nailed down" like the washer and dryer. If I were you I would take those too because no one (the bank) is really interested in taking you...