Legal Question in Real Estate Law in Virginia
How bad does a foreclosure effect your credit score and for how long?
Asked on 11/06/09, 11:53 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
The effect of a foreclosure on one's FICO score is very likely similar to that of a bankruptcy, i.e., 7-10 years.
Answered on 11/11/09, 4:14 pm