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
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
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
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
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
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
