Updated & fact-checked

Financing Options When Your Property Is in Distress

The options an owner behind on a commercial mortgage has, from a workout with the lender to bridge or mezzanine money, a sale or a formal restructuring.

Distressed propertiesFinancing

Updated & fact-checked

How Foreclosure Affects Your Credit, and How to Recover

How long missed mortgage payments, foreclosure and related judgments stay on a credit report in Canada and the U.S., and practical steps to rebuild afterwards.

ForeclosureDistressed properties