Log in

View Full Version : Foreclose or Bankruptcy?


keisha ogletree
Apr 28, 2007, 06:16 AM
Which is better for your credit?

excon
Apr 28, 2007, 06:38 AM
Hello kei:

Foreclosure stays on your credit report for 7 years. Bankruptcy stays on there for 10 years. Based on that, I'd say the former is better.

excon

Fr_Chuck
Apr 28, 2007, 10:46 AM
Also it can depend on the rest of your creidt report, if you have dozens of late pays if you have non payments and other issues, it can just depend.