Legal Question in Real Estate Law in Iowa

I had a bankruptcy in October 2007 which had the house included in it. I was wondering if an underwriter would consider this a forclosure? It never said anything on the credit report abouit a forclosure.


Asked on 10/20/09, 3:41 pm

1 Answer from Attorneys
Robert Luedeman solo practitioner

A foreclosure is a legal action to foreclose a loan of some sort-in this case, the mortgage. I think a call to your bankruptcy attorney is in order to see how this was treated by the trustee.

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Answered on 10/21/09, 11:51 am


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