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Bankruptcy Law office of Bill Rubendall | William M. Rubendall
In spite of filing bankruptcy, foreclosures are allowed to appear on your credit report.
Answer Applies to: California
Replied: 2/1/2012
Law Office of Lynnmarie A. Johnson | Lynnmarie Johnson
Did he discharge the mortgage in the bankruptcy? If so, he will need to file a dispute with the credit reporting agencies to get it corrected. If not, it would show up the year that the actual foreclosure was completed. Once again, if that was not last year, then he will have to file a dispute with the credit reporting agency to get it corrected.
Answer Applies to: Michigan
Replied: 2/1/2012
The Law Office of Darren Aronow, PC | Darren Aronow
You have to send in dispute to the credit reporting agencies showing the bankruptcy discharge.
Answer Applies to: New York
Replied: 2/1/2012
Mercado & Hartung, PLLC | Christopher J. Mercado
That's not going to go away in one year..
Answer Applies to: Washington
Replied: 2/1/2012
Ashman Law Office | Glen Edward Ashman
His lawyer already told him the answer (certainly he used one!) Since your husband hasn't shared with you the answer he was given, the reason is that if you lose a house in bankruptcy, it usually gets foreclosed on and that foreclosure ends up on a credit report.
Answer Applies to: Georgia
Replied: 1/31/2012
Carballo Law Offices | Tony E. Carballo
Because a Chapter 7 case remains in the credit report for 10 years.
Answer Applies to: California
Replied: 1/31/2012
Bird & VanDyke, Inc. | David VanDyke
Hard to say for sure. Possibly the foreclosure was started prior to the bk filling. If this is not the case then you must contest it with the credit bureaus or contact the creditor regarding a discharge violation.
Answer Applies to: California
Replied: 1/31/2012
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Because it will for about 7 years. The foreclosure happened. The bankruptcy does not change that.
Answer Applies to: California
Replied: 1/31/2012
Heupel Law | Kevin Heupel
Foreclosure is a public record that reports on your credit independent of filing bankruptcy. Thus, it is appropriate.
Answer Applies to: Colorado
Replied: 1/31/2012
Law Offices of Pamela L. Stewart | Pamela L. Stewart
The mortgage company had to foreclose on the property to get it back in their name if your husband did not sign a deed-in-lieu. More than likely, the credit bureau reported the foreclosure on your husband's credit report based on public records - not from information from the mortgage company.
Answer Applies to: Texas
Replied: 1/31/2012
Diefer Law Group, P.C. | Abel Fernandez
A foreclosure is part of the credit history and the fact that he filed a bankruptcy does not remove the foreclosure from his credit. That will still show on his credit even though he would not owe money on the property.
Answer Applies to: California
Replied: 1/31/2012
Law Offices of Kevin E Parks | Kevin Parks
Was your home foreclosed upon? Filing a Chapter 7 doesn't prevent a foreclosure from happening, nor does it prevent it from being reported to the credit bureaus but in most circumstances merely delays the foreclosure for a few months while all collection activities are automatically stayed.
Answer Applies to: Oregon
Replied: 1/31/2012
A & L, Licker Law Firm, LLC | Tobias Licker
The foreclosure date was probably last year and doesn't have anything to do with the filing date of the bankruptcy.
Answer Applies to: Missouri
Replied: 2/15/2012
The Schreiber Law Firm | Jeffrey D. Schreiber
If they did in fact foreclose, then it is probably due to the foreclosure. The bankruptcy only removes the personal liability to pay. If the bank subsequently forecloses, then you can have both a bankruptcy and a foreclosure on the credit report as that is what occurred.
Answer Applies to: California
Replied: 1/31/2012
Dan Shay Law | Daniel Shay
A foreclosure is separate from a BK. Foreclosures and Bankruptcies go on the Public Record part of the report. The current balance however, should be $0.00.
Answer Applies to: California
Replied: 1/31/2012
