How Does a Short Sale Affect My Credit?

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Does a Short Sale Ruin Credit?

Clermont credit repair lawyer

The financial decisions you make to reduce or eliminate debt can impact your credit. Many people wonder what effect a short sale will have on their credit. If you are a homeowner and unable to pay your mortgage, you want a clear understanding of your rights, options, and how a short sale will affect your credit before moving forward. While a real estate agent may give you contrary advice, a short sale can impact your credit negatively. It is important that you speak with an attorney who can explain the repercussions of a short sale in a way you will understand.

I am Merideth Nagel, Attorney at Law, in Clermont, Florida, and I am dedicated to helping my clients achieve debt relief and protect their rights in the short sale process. It is important to consult with an experienced advocate who can review mortgage documentation, assess your options, and effectively minimize any negative consequences. I can also help you minimize damage to your credit score and help you take appropriate steps to rebuild your credit in the future. While our offices are in Clermont, Florida, I serve all of Lake, Orange, Sumter and Marion Counties.

So, “How Does a Short Sale Affect My Credit?”
  • Creditors will perceive a foreclosure or a short sale similarly
  • A defaulted mortgage will impact your credit score
  • Delinquency, a derogatory public record, and a collection filed will impact your credit score
  • You can restore your credit after a short sale or bankruptcy
  • A short sale is an option that can help you prevent a delinquency judgment
Guiding You Toward Financial Security and Independence

When you are unable to pay a mortgage, it is important to have a clear understanding of your options and how any financial decision will affect your rights. As your attorney, I will review documentation and explore the possibility of a loan modification with creditors. I will explain all potential risks and obligations and aggressively defend your interests if you decide to pursue a short sale, foreclosure defense or bankruptcy.

Contact Credit And Debt Repair Lawyer Today

As your attorney, I will never stop fighting to protect what is most important to you. To schedule an initial consultation with a Clermont credit repair lawyer, call 352-394-7408 or fill out our free case evaluation contact form today. We want to understand your concerns and provide the help you need immediately.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Serving West Orange County, Lake County, Sumter County & Marion County


    The more I get to know her the more convinced I am that she is the right attorney for me. The compassion and integrity I have seen is quite remarkable and I highly recommend you use her office to service… ~ Kelly,


    Ms. Nagel represented my wife and I in a bankruptcy case and also in a recent real estate transaction. I felt compelled to share our experience. Ms Nagel and all of her staff handled everything in a very professional matter… ~ Mike,


    Merideth Nagel has been a help to me, over the last 10 years, for multiple legal issues! As her client, and as a realtor who utilizes her real estate and title services, Merideth, along with her phenomenal staff, has afforded… ~ Tiki Jackson,


    “If it weren't for Merideth Nagel and her top-notch team of seasoned professionals, I shudder to think where my family would be today. At this firm, you are not a name, a face, a case number, or a quagmire. You… ~ Heather, Clermont


    “Merideth and her team have been a real blessing to me over the years! She helped me with real estate several times and estate planning. I can recommend her with full confidence!” ~ Nancy, Orlando


    “We utilized Nagel Law to assist us with a real estate transaction a little over a year ago. Merideth and her entire staff treated us with the utmost professionalism as well as eased our minds pertaining to this transaction. We… ~ Lynette, Orlando