I am hoping that some of you who are ahead of me in the process can help me out on this one (I'm planning on missing my first mortgage payment in March).
What happens to your credit cards after foreclosure? Do the banks close them? I have 2, with 0 balances. One is with B of A and that is where my credit card with the largest credit line is with. The other is an old one left over from college and the credit line is very small.
The main reason I am worried is that sometimes I have to rent a car for work and I need one for that purpose. I don't need credit cards for day to day shopping.
thanks for any input!