Will foreclosure drop from my credit report?

+1 vote
asked Nov 4, 2017 in Real Estate - Renting by Clark w (620 points)
Will foreclosure drop from my credit report?

I was buying a house last year and couldn't afford the payments anymore on the mortgage and was foreclosed on and now it's on my credit report.

Will the foreclosure drop from my credit report after so many years or will it stay on my credit report?

1 Answer

0 votes
answered Nov 5, 2017 by Prentice (330 points)
Anything reported on your credit report should drop off within 7 to 10 years.

If it doesn't you might have to get a lawyer to help fight to get the foreclosure removed from your credit report. But it should be removed by itself within 7 years and 10 years at the latest.

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