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Having a foreclosure notation on your credit report can be
EXTREMELY detrimental. The foreclosure notation will remain on
your credit report for at least seven years, and is in most cases worse
than a bankruptcy notation! You will not be able to secure a home
loan, and in some rare cases will not be able to rent a house or
apartment for at least one year. Because of the recent sub-prime
mortgage breakdown, the Federal Reserve has now tightened
restrictions on qualifications for a home loan. Lenders require a higher
credit score, proof of income, and many more stipulations. Therefore, it
is likely that you will have a difficult time qualifying for an affordable
home loan soon after a foreclosure.

Many times people are given the impression that filing for bankruptcy
will protect them from foreclosure. This is not true. First mortgage
lenders are protected from bankruptcy filings and will still pursue
action against you. In other words, you may still loose your home.

Many individuals today are facing a foreclosure on their home. Many
times there are unforeseen circumstances or situations that are
beyond your control that can cause you to become behind on your
monthly mortgage payments. Whether it is because of injury, loss of
job, divorce, illness or any other circumstances, Bolder Home
Solutions, LLC understands this and we will do everything we can to
help you out of your situation.

Call Bolder Home Solutions TODAY to
schedule a FREE, no obligation
consultation to find out your options.
We promise we will do everything we can
to keep you in your home. If that is not
an option due to your circumstances, we
will be sure to do whatever it takes try to
keep a foreclosure notation off of your
credit report.

Please consult with a bankruptcy attorney or special legal council to address any specific legal questions
you may have regarding filing for bankruptcy or what will specifically happen to you if you are foreclosed
on, each situation is unique. The law is in a constant state of change, be sure to contact legal council with
any specific legal questions. Bolder Home Solutions, LLC or any of its affiliates will not be held liable for
any misrepresentation by this web site or any others linked to it. The information contained within this site
is for informational purposes only.