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Company Loan Type APR Est. Pmt.

bankruptcy now they are foreclosing on the home that was dis

Posted on: 28th Jan, 2014 02:58 pm
What we'll it show on the credit report
Hi arlene,

Bankruptcy will be reported in your credit report. If the lender reports the foreclosure to the credit bureaus, then it will also get reported to the report.

Thanks
Posted on: 28th Jan, 2014 07:27 pm
Hi arlene!

Welcome to the forums!

I agree with James Hogg. If the lender reports the foreclosure to the credit bureaus, then it may show up on your credit report.

Feel free to ask if you've further queries.

Sussane
Posted on: 29th Jan, 2014 09:22 pm
How are they foreclosing if the home was included in the BK
That doesnt sound correct - regardless when you do include a home in the BK the next home is much more difficult to get a loan for -
It is seen as a foreclosure from the date that the home changed out of your name - so 3 years minimum from that point..

Good luck
Brian Barnes
ENGLending
Nationwide Lender
Posted on: 30th Jan, 2014 10:11 am
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