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Re: Re: Westgate Deed in Lieu of Foreclosure

[Q=pengx] Credit report only stays for 7 years starting from the first missed payment that leads to the foreclosure. Assuming you have stopped paying for 4 years, the hit essentially stays just 3 years on the credit report. Is it correct?[/Q] Based on what you've said and what you said in the other thread Get Out of Westgate Resorts, are you currently in a situation where you might have to stop payments and wondering what your next best option is?