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foreclosure on a property that you did not reaffirm

Posted on: 18th Nov, 2010 03:33 pm
foreclosure on a property that you did not reaffirm, how will this impact my credit. I filed a ch 7 a year ago and its now been discharged, never re affirmed my debt...now i am going thru foreclosure, will i have both a bk 7 and a foreclosure on my report, will i again be afftected by foreclosure. I have starrted to re build credit since the bk...
Welcome mendkat,

As far as I know, though you did not reaffirm your debts, the foreclosure will have a negative affect on your credit report and it will lower your credit scores further.
Posted on: 18th Nov, 2010 07:54 pm
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