Impact of Foreclosure on Credit Cards

[Administrator]

Vacation Rental Investment rentals have dried up. Used up most of savings to keep paying mortgage and now property has lost 50% of value and can't sell and no rentals. If the house goes into foreclosure whether by Deed in Lieu or Foreclosure how does that affect credit cards we have - can they be taken away - balance is always paid off in full.


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(Source: mortgagefit.com)