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  1. I was under the impression that since the foreclosure was a direct result of the mortgage being in bk, that it will have no impact. No impact on the score, but plenty to affect home buying power. I also hear that they don't report foreclosures at all if they were included in bk.....
  2. Hello all, I am looking for some advice as to what I can expect on my credit score with an upcoming foreclosure. Three years ago, I filed chapter 7 bk and my mortgage was discharged in the bk. With that being said, the bank never officially foreclosed on the property and is doing so right now. Over the past few years I have raised my score back up to 700 and have obtained two car loans and a few credit cards. Since there will be no late payments factored into this foreclosure and the mortgage was cancelled in my bk, how will the record of a foreclosure affect my fico score? It will just be a public record addition with no additional late pays.. Ideas?

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