IS FORECLOSURE SAME AS BANK CORRUPCY???


Posted by MATHEWS on August 23, 2007 at 20:39:20:

Does anyone know IS FORECLOSURE and being bank correupt about the same? I bought a house in the late 2005's and now the house worth about 150,000 less than I bought and the payment is increasing, getting really tough to afford the payments. If I file a forclosure will I be ABLE to get a house in the future? How bad it affects my credit? Please let know if you have any info on this.
Regards
Mathews


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