Thursday, July 2, 2009

Bankruptcy, foreclosure affect credit for years - NorthJersey.com

Q. How long will a foreclosure or bankruptcy show up on your credit report? A foreclosure can be reported on your credit report for seven years from the date the foreclosure was filed in court, according to Gerri Detweiler, author of "Reduce Debt ..., more 
and Obama expands foreclosure protection - Reno Gazette  WASHINGTON (AP) -- The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth. Housing secretary Shaun Donovan says borrowers who owe up 25 percent more than their home's market ..., more 
and Rules set for foreclosure help - Reno Gazette  After several public hearings, the Nevada Supreme Court has established a set of rules for its new Foreclosure Mediation Program, which was created to help homeowners who face the loss of their homes. Under the program, "a homeowner who receives a ..., more 

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