When can I buy a new home, 2 years after bankruptcy or after the foreclosure?

Answer On One Hand: Credit RepercussionsBoth foreclosures and bankruptcy generally stay on a credit report for at least seven years. In the case of bankruptcy, a credit score can be adversely affected for... Read More »

Top Q&A For: When can I buy a new home, 2 years after bankru...

Can you buy a home after bankruptcy&foreclosure?

On One Hand: Bankruptcy Damages Your CreditLenders look at your credit rating to determine loan-worthiness. The credit rating is a composite score based on your financial history, taking into accou... Read More »

Can you file bankruptcy after a foreclosure?

You can file for bankruptcy at any time. Many individuals file for bankruptcy after foreclosure if they still owe money to their lender that they cannot afford to pay. Bankruptcy protects you from ... Read More »

Does foreclosure go on record after filing bankruptcy?

Foreclosures are a matter of public record and can be listed on your credit report for a maximum of seven years. This is true even if you filed for bankruptcy before you lost your home to foreclosu... Read More »

Can a bankruptcy filing postpone the foreclosure sale of a home?

On One Hand: Automatic StayThe instant you file your bankruptcy petition, the law automatically imposes an "automatic stay." The automatic stay forbids any of your creditors, including the bank or ... Read More »