I would say that over the long haul, the BK hurts worse. In my case, I had both. I filed for BK and to be able to qualify, my lawyer said I needed to include the house (which I couldn't afford to keep on my own anyway). Bottom line is, the foreclosure will drop off my CR next year, but the BK will stay for another 3 years after that. For what it's worth, my score are in the low 700's now, so that shows that your credit CAN be repaired over time. Keep your head up, it's gets better.