How much will getting my my house foreclosed on and have 6 cars repossessed affect my credit?
Answers:
Better hit the memorabilia circuit when you bring back outta the can. Hey, Mike Vick is a short autograph. You will get a fortune! Just don't dog it..lol
With adjectives the money you own, who care give or take a few a stupid chalk up?
You wont ever bring back credit again..
thats pretty bleak. you prob will enjoy shameful credit for at lowest 7 years
Sounds close to you inevitability to swot to control your money.
once they foreclose your home, the mound will reimburse itself, (their loan amountj). the rest is yours, if you owe credit cards, better remuneration those sour or they hound you forever, you will enjoy to start fresh (no credit whatsover) some bank will never impart you credit or credit at sky large interest rates, you can start renting for a while foot everything on the dot and after 7-10 years conceivably, conceivably you can buy another home. If you hold a business, a errand, dont lose it.
Tax specialist/Loan officer for 7 years.