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Jakrn50

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How much will home foreclosure affect my credit score
Due to life event divorce

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It will definitely cause damage to your credit. it is hard to say by how much, but it won't be good. You will be able to rebuild your credit though and it won't be stuck in the bad area forever, with some hard work and some time you will be able to overcome this.

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I can tell you that a collection account appearing on a previously clean report will lower your score by 50-60 points. A civil judgment will do about 75 points worth of damage. Foreclosure is worse than a collection and probably in the same neighborhood as a judgment, so this may give you some idea. It will be substantial, and you may will probably have difficulty finding a decent place to rent immediately afterward. 
I almost never advocate for bankruptcy--it has to be a pretty extreme circumstance, and possible foreclosure certainly qualifies as extreme. Chapter 13 can stop foreclosure proceedings and you can make arrangements to get caught up on your missed mortgage payments over the next several years, and quite possibly avoid the foreclosure. A real estate professional may be able to help as well. I know short sales are sometimes an option, as is "deed-in-lieu of," where you basically surrender the house without forcing the lender to go through the foreclosure process. "Cash for Keys" is a deal you make with the lender where they will pay you a few thousand dollars to move out in a timely manner and leave the place clean and in excellent condition. You will still lose your home, but it will be a lot easier to pick up the pieces. 

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