Is there recovery after foreclosure? What steps do I take to get back on track?

Question:

Answer:
Foreclosure won't kill your entire credit life, what it will do is basically kill any chance of a reasonable mortgage for at least 7 years. Bankruptcies mortgage banks can handle but a FC is a huge deal to a lender because it obviously tells them what could be in their future.

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You can recover. Pay off your debts on your credit report and make on-time monthly payments to your credit card companies. For a free credit report go to http://www.bad-credit-credit-card-for-pe... from there you can see what you need to pay off.

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