Asked by Gina, Hawaii • Thu Sep 20, 2007
If one has a deed in lieu of foreclosure on their credit report how do you prove to a creditor that it was not a foreclosure? and should this affect your credit the same as a foreclosure?
If a letter of explanation is needed from the lender does anyone have suggestions how to obtain this? It is nearly impossible to get anything in writing from lenders!
Any help would would be hugely appreciated!
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