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Foreclosure on new home crazy story

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Advice needed: long story short I bought a home in 2017...the builder sold me a lemon...and by November 2018 I HAD to move...I’m suing them however, I had to file chapter 13 bankruptcy in January 2020 to get rid of the home ...I had very little debt at the time of filing and now I want to rebuild my credit..thing is apparently they haven’t foreclosed and ppl still call me about buying the house....this has been a nightmare! I feel the foreclosure and Chapter 13 BK is unfairly on my record...Do you have any suggestions?

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You already have a lawyer.  Stay the course and have her/him negotiate the removal of the foreclosure from your credit report as part of the settlement.


As for the Chapter 13 filing, your credit report is a record of fact and doesn't attempt to determine "fairness."


With that said, there are a couple of long threads about getting BKs deleted.  For this part of the matter, I'd start there.

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Let your attorney do their thing. They have a duty to act in your best interest.


If the house hasn't been foreclosed yet and you win your lawsuit against the developer, it's possible you'll be able to work out a settlement or other loss mitigation (short sale, deed in lieu, etc). That will prevent a foreclosure from showing up on your credit report, though the bankruptcy and late/missed payments will still tank your score. Right now, I would just sit tight.. There's not much you can do at this stage.

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