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yes, but it will depend on what you have done since the bankruptcy and of course the lower your score, the higher your interest rate will be. Best thing is to clean up your credit as much as possible and get some revolving and installment accounts. Keep them in good standing. You will need cash down too in this market.

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16y ago

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Can you buy a house if you have filed bankruptcy?

No.


Can you buy a house if you have filed for bankruptcy?

If you have filed bankruptcy because you cannot afford to pay your debts, a lender will not loan you money to purchase a house and it just doesn't make sense. You cannot continue to acquire assets while your assets are frozen and in the possession of the trustee in bankruptcy in a bankruptcy proceeding.


If you and your fiance want to get a joint bank account but he has filed bankruptcy in the past will this affect your credit?

It shouldn't impact your credit rating all. However, his bankruptcy will remain on his credit for up to 10 years. If you get married and try to buy a home for example, then his credit rating will affect both of you.


Can you still buy a home with a bankruptcy dismissal?

Yes, you can still buy a home after a bankruptcy dismissal, but it may be more challenging. Lenders typically require a waiting period, which can range from one to four years depending on the type of loan and the circumstances of the bankruptcy. You'll also need to demonstrate improved financial stability and a good credit score. It's advisable to work on rebuilding your credit and saving for a larger down payment to enhance your chances of approval.


Can you buy a home before the bankruptcy is discharged?

I believe that most lenders will require 2 years from the date of discharge. Depending on your payment history over the last 12 months some may be able to make an exception. Keep in mind that the date of discharge is different from the date the bk was filed.

Related Questions

If you put a bid in for a home for sale by Aegis Mortgage Corp and they have filed for bankruptcy will they still be able to sell it to you?

You can buy it from the bank


Can you buy a house if you have filed bankruptcy?

No.


Has American Consolidated Media Inc filed for Bankruptcy?

No, they trying to buy BoA corp.


After Chapter 7 bankruptcy has been Discharge can buy a home?

After Chapter 7 bankruptcy has been Discharge can buy a home


Can you buy a house if you have filed for bankruptcy?

If you have filed bankruptcy because you cannot afford to pay your debts, a lender will not loan you money to purchase a house and it just doesn't make sense. You cannot continue to acquire assets while your assets are frozen and in the possession of the trustee in bankruptcy in a bankruptcy proceeding.


Can you buy a car after chapter 13 dismissed?

Dismissed or completed? If it were dismissed, your credit report will show that you filed for bankruptcy. Obviously, if you filed bankruptcy your credit is not great. You certainly can buy a car for cash. Finding someone to lend you money; or getting a loan will be more difficult.


What if you have a home that you are renting can you buy another home after bankruptcy?

maybe


Can you buy a home with bankruptcy on credit report?

NO


Can you buy a house if one party has filed bankruptcy but the other hasn't?

Yes, provided you use ONLY your credit for the loan.


If you and your fiance want to get a joint bank account but he has filed bankruptcy in the past will this affect your credit?

It shouldn't impact your credit rating all. However, his bankruptcy will remain on his credit for up to 10 years. If you get married and try to buy a home for example, then his credit rating will affect both of you.


Can you still buy a home with a bankruptcy dismissal?

Yes, you can still buy a home after a bankruptcy dismissal, but it may be more challenging. Lenders typically require a waiting period, which can range from one to four years depending on the type of loan and the circumstances of the bankruptcy. You'll also need to demonstrate improved financial stability and a good credit score. It's advisable to work on rebuilding your credit and saving for a larger down payment to enhance your chances of approval.


Can you buy a home after bankruptcy?

Yes, as soon as you reestablish your credit to the lender's satisfaction.