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Impact of Foreclosure on Credit Cards
This is a discussion on Impact of Foreclosure on Credit Cards within the Mortgage Talk forums, part of our Mortgage Chat category; Vacation Rental Investment rentals have dried up. Used up most of savings to keep paying mortgage and now property has ...
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May 2nd, 2008, 09:17 AM
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| Senior Member Join Date: Apr 2008
Posts: 1,081
|  Impact of Foreclosure on Credit Cards Vacation Rental Investment rentals have dried up. Used up most of savings to keep paying mortgage and now property has lost 50% of value and can't sell and no rentals. If the house goes into foreclosure whether by Deed in Lieu or Foreclosure how does that affect credit cards we have - can they be taken away - balance is always paid off in full. |
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