10years...
how long does personal judgement stay on credit in texas
This depends on your ultimate goal. A short sale is less detrimental to you credit, but will still likely keep you from buying another home for 2-3 years. Often times short sales become foreclosures because the homeowner stopped paying the mortgage loan payments and the short sale took too long. A foreclosure hits your credit harder, but may allow you to stay in the home for just as long or in some cases longer. Additionally, you can negotiate a "cash-for-keys" deal with the lender or new owner where you leave the property in good condition on a specified date in exchange for money for relocating costs.
Ten years from the date of discharge.
7 Years from the DLA.
It can stay on your personal credit report for up to 10 years, but most credit reporting agencies will remove it after 7.
A short sale can have a negative impact on your credit score because it indicates that you were not able to repay the full amount of the mortgage. It may lower your credit score by several points, depending on your current score and credit history. However, the impact may be less severe than a foreclosure.
how long does personal judgement stay on credit in texas
No. The short sale and the credit situation that made it necessary will stay on your credit report for 7 years or the applicable statute of limitations. The debt is extinguished by the short sale, if properly executed, so you would not be entitled to mortgage interest deductions on your tax returns. You would be making gifts to the mortgage company and decreasing your ability to pay other debts. Get some good debt counselling, from a US Trustee-approved debt counseling agency or experienced attorney.
it can stay on your credit report for as long as 10 years.
This depends on your ultimate goal. A short sale is less detrimental to you credit, but will still likely keep you from buying another home for 2-3 years. Often times short sales become foreclosures because the homeowner stopped paying the mortgage loan payments and the short sale took too long. A foreclosure hits your credit harder, but may allow you to stay in the home for just as long or in some cases longer. Additionally, you can negotiate a "cash-for-keys" deal with the lender or new owner where you leave the property in good condition on a specified date in exchange for money for relocating costs.
Hard inquiries stay on a credit report for about two years. While they may impact your credit score in the short term, their effect on your score diminishes over time. Multiple hard inquiries within a short period can signal to lenders that you are taking on too much debt.
How long does a credit judgement stay on credit repot in North Carolina
Vehicle repossessions stay on you credit report for 7 years.
Ten years from the date of discharge.
By federal law, 7 years from the date of repossession or sale or last payment. The state is irrelevant.
seven years
How long does a judgement stay on your credit report in ventura county/ca