How Long Must You Wait to Purchase a Home after Filing Bankruptcy

Philadelphia Bankruptcy Attorney Answers the Question of How Long Must You Wait to Purchase a Home after Filing Bankruptcy Filing for bankruptcy is no easy decision to make. For many, there is a sense of failure or loss. For others, it can be a clean start and an opportunity to start over. Let’s face it: financial education in this country is poor, and that’s putting it mildly! We learn by doing, and sometimes we get it wrong. Unless we are famous entertainers, world-class athletes, captains of industry, or the offspring of one of those people, financial crises are nothing new to us. Fortunately, filing for protection under the bankruptcy laws is not a life sentence. People can and do recover financially despite filing more than one bankruptcy petition. However, the answer to the question about how long you must wait to purchase a new home after declaring bankruptcy depends on your financial history and the type of mortgage for which you have applied. For ease of…

Read more detail on Recent Bankruptcy posts –

This entry was posted in Bankruptcy Law and tagged , , , , , , . Bookmark the permalink.

Leave a Reply