Bankruptcies and Foreclosures Remain on Your Credit Report – But Not Forever

Bankruptcies and Foreclosures Remain on Your Credit Score

Bankruptcies and Foreclosures Remain on Your Credit Score typically for seven to 10 years.  After bankruptcy or foreclosure, your credit score may drop more than 200 points. However, a borrower who works hard to reestablish good credit may be viewed more kindly the lender. In addition, the circumstances surrounding the bankruptcy may also influence a lender’s … Continued