Letâs write another example of net ionic equation for the reaction between silver nitrate and lithium bromide. Itâs an example of double displacement reaction results the formation of lithium nitrate in solution and silver bromide as precipitate.
Foreclosure drops off your credit in 7 years. A foreclosure stays on your credit forever, it doesn't go away. However, 3 years after the discharged date you would be eligible to buy another home. Keep in mind you have to also have your credit score where it needs to be.
A Lower Credit Score Affects Your Ability to Get Credit. A timeshare foreclosure will not ruin your credit score forever, but it will have a significant impact on your ability to obtain another mortgage for up to seven years from the completion date of the foreclosure.