What are the chances of this happening? Forum

[tigerlilly17]

I am going through foreclosure now. My lawyers and the bank are working together toward deed-in-lieu of foreclosure but it will still have a negative impact on my credit report. Fine, I can deal with that. However, I am also starting law school this fall and I have heard that some states will not allow applicants with "bad credit" admission to the bar, or to sit for the exam.

I would assume that 3 to 4 years after completing the foreclosure process, my credit score would pick up, taking into account timely credit card payments, not defaulting, etc. But will Bar Associations look into my past, see the foreclosure and tell me tough luck? I'd hate to spend three years in law school only to get shafted by this crappy economy...yet again!

I have read some horror stories about the FL Bar.

Any words of wisdom?

Thanks.

[Action Jackson]

Contact the bar immediately and start talking to them about this. Most local bars are extremely helpful about answering C&F questions before you go into law school. If you've been admitted to a school, contact them too and get their thoughts on it. You are 100% right in not wanting to put money into a law degree if you're going to have a C&F problem.

[Oblomov]

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