Before Our Credit is ruined

We have decided to let our house foreclose, which will ruin our credit. Does anyone have any advice on what we should do before it is ruined? We currently have all of our credit cards at 0% and after our credit is damaged will probably not be able to flip them to another 0%.

We owe about $25,000.We will be able to pay things off faster this way, as it will save about $1000 a month to move to an inexpensive rental, so we still think it is worth it. I’m just wondering if any of you have been there and have advice.