[Jeffrey]

...land loan go into foreclosure and loose the land i have? good credit now

[Michael T]

It is very difficult to say. Since you currently have good credit, that probably means that you haven't missed any payments yet on the loan. Before your can get the land foreclosed, you'll probably have to default on your payments before the bank will foreclose. The default as well as the foreclosure will probably ruin your credit.If the loan is a recourse loan and you have other assets and/or a decent income, that bank may file for a court judgment to recover the loss. This again will cause another credit hit.