Re: foreclosure

Posted by NJD on October 28, 2008 at 13:21:35:

In Reply to: foreclosure posted by Kim on October 28, 2008 at 05:05:55:

"In the state of Wisconsin, can you advise how long a foreclosure effects your credit rating?"

From what I've read, and not just in your state, but in all states: The record of a foreclosure action will remain on your credit report for seven years. If you escape, or have a good reason... you can attach an explanation to your credit report. A Bankruptcy will remain for ten years.

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