Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Will my bankruptcy 5 years ago affect current forclosure? - Not at all. <br />Bankruptcy 5 years ago could affect bankruptcy now but not forclosure. <br />It has nothing to do with it at all. <br />Bankruptcy wipes everything away so you start over. <br />Needing to foreclose means you still cant pay your mortgage... this happens. <br />The banks will still take the house and sell it off. its the only way they can recover some of their money that you owe to them . -
