What happens if I file bankruptcy and wish to buy another home at some point?

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What happens if I file bankruptcy and wish to buy another home at some point?

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John Mobley

You can, but you should consult your lawyer to avoid any further problem. For bankrupty cases you can ask from http://www.kolberlegal.com/

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Regine Kelly

Of course you can file but you must first ask first to lawyer. And also you should need some financial advice for bankruptcy.

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Veterans who file for bankruptcy are still allowed to use a VA home loan if they are eligible. Unfortunately the process does require a waiting period. You are allowed to purchase another home two years after the “discharge date” of your bankruptcy. Keep in mind that the filing date does not factor in-you must wait the two years after bankruptcy has been discharged. Once you are eligible to buy another home, the usual credit and income requirements apply.