Debt and Bankruptcy
Loans
Mortgages
Debt Collection
Foreclosure
Money Management

How long will it affect your credit if you stop making payments on your ex wife's mortgage and the house is in foreclosure?

818283

Answer

User Avatar
Wiki User
07/15/2015

A foreclosure will show on your credit for seven years from the date of last activity.

The federal statue of limitations is also seven years for the legal notice of foreclosure in the public records portion of your credit report.

There may be other state laws which extend this statue of limitations. The Fair Credit Reporting Act is worded "...whichever is longer..."