2007-07-21 07:36:14 · 8 answers · asked by Scaredmt 1 in Business & Finance ➔ Credit
You can try going through a Credit Repair company which can sometimes get this taken off for you i would not if i were you go through a bankruptcy since the home is already forclosed and they have wrote it off as a loss the bankruptcy will just make it worse because it will NOT erase it from your credit http://www.creditbureauexperts.com this is one of the best out there check out there site its affordable and can get your credit score up in a matter of months once you do this feel free to call me and i would be glad to help you on financing another home !
2007-07-21 07:42:43 · answer #1 · answered by Kristyw/h American Home Mortgage 1 · 1⤊ 1⤋
You cannot erase a foreclosure in any fashion, including filing bankruptcy, which will also appear on your credit file, simply compounding the problem.
2007-07-21 07:41:24 · answer #2 · answered by acermill 7 · 0⤊ 0⤋
No you cannot erase that from your credit and filing bankruptcy will only make it even worse. 10 years worth
2007-07-21 07:40:17 · answer #3 · answered by Pengy 7 · 0⤊ 0⤋
i might propose you to cease making use of. First discover out motives why. each and every time your credit is administered, it motives your credit to drop. meaning your possibilities of been authorized is reducing. And particular different banks can tell. it relatively is all indexed on your credit checklist whilst they acquire a duplicate. in case you're being denied because of the fact of a terrible credit, initiate making all your money on time, in as low as 6-8 months your score will circulate up.
2016-12-14 15:30:50 · answer #4 · answered by ? 4 · 0⤊ 0⤋
no and no. Your credit report can only be cleaned up if there are inaccurate items on it. And if you have lost your house, why do you now want to file bankruptcy too? Don't totally hose your credit!
2007-07-21 07:44:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋
No, it cannot be erased...and if you file for bankruptcy they both will show on your report, which will give you a double wammy.
2007-07-21 07:40:26 · answer #6 · answered by Anonymous · 0⤊ 0⤋
no an d bankruptcy is the worst thing to do.
2007-07-21 07:40:34 · answer #7 · answered by Michael M 7 · 0⤊ 0⤋
I agree with all of the previous posters except the one who doe's not know what they are talking about.
There is no way to get this removed from your credit. Bankruptcy will only make your problems worse and it will show for 10-years where the foreclosure will only show for 7-years.
After 2-years you can apply again if you have re-established your credit.
Good luck.
2007-07-21 07:58:08 · answer #8 · answered by ? 7 · 0⤊ 7⤋