Question:
If you have gone through foreclosure with your properties, how did it affect your lives and where, did the lender go after your assets, were you able to get a loan or credit cards? Did you regret what you did? I read a lot of advices to avoid foreclosre but would like hear from someone that had went through this hardship.
don't do it... i lost my job 5 years ago due to a car accident and was forced to let my home go in order to pay some of my other bills. 5 years later and i still cannot even rent a home in my name...it is the worst decision i have ever made. my credit score dropped from 756 to 550, i cannot get any new credit, thankfully i still have 2 credit cards that i had before the foreclosure..the lender never went after any of my assets.but then again my house was about all i had...find another way.loosing your home is the worst feeling in the world
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