Legal Question in Real Estate Law in Illinois
I just got my bankruptcy discharge papers and am allowing my lender to foreclose on my condo. When exactly does the foreclosure appear on my credit report? Is it when I have been given notice to leave my condo or does it not go on my report until the bank actually sells it again?
Asked on 3/09/13, 12:42 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Depends on when the lender decides to report it, but I would guess your first option would be more likely.
Answered on 3/11/13, 2:04 pm