http://www.mortgagenewsdaily.com/01162013_foreclosures_realty_trac.aspThere were a total of 2,304,941 foreclosure filings in the United States in 2012 affecting 1,836,634 properties or one in every 72 residential units. This is only a 3 percent decrease from 2011 when 1,887,777 properties received a filing but is down 36enCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/01162013_foreclosures_realty_trac.asp#303169Sat, 06 Apr 2013 17:56:51 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:303169Jhon UndertakerI personally think that bankruptcy is much better than foreclosure. You seem to bounce back from bankruptcy a lot faster now days. They have secured credit cards and all kinds of ways to rebuild you credit. But foreclosure is more like an event that even with recovered credit, could keep you from buying another home. Even if the information is no longer on your credit report after seven years, your lender is still going to ask you is you had any previous foreclosures or not. There&#39;s an article below that talks about using loan mods and/or bankruptcy to stop the foreclosure process that I liked. http://www.reversemortgagelendersdirect.com/reverse-mortgages-pros-and-cons/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/ http://www.reversemortgagelendersdirect.com/hecm-reverse-mortgage/ <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=303169" width="1" height="1">http://www.mortgagenewsdaily.com/01162013_foreclosures_realty_trac.asp#291864Thu, 17 Jan 2013 15:55:46 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:291864shelleymDays to foreclose : Don;t mess with Texas! LOL I wonder why Forida and New York take so long. Do their lawyers not have a map to the courthouses????<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=291864" width="1" height="1">