andyetf

What’s Worse: Foreclosure or Bankruptcy?

In Uncategorized on January 14, 2011 at 3:36 pm

Foreclosure is worse than bankruptcy in at least three ways.

1. Foreclosure means you will lose your home. Forever.

2. Following the foreclosure, you will probably owe the mortgage company money and they will try to collect it from you.

3. Foreclosure looks worse on your credit report than bankruptcy.

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