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buy a home after bankruptcy

Can someone buy a home after they have gone bankrupt?

Posted from: Ontario

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One Response to “buy a home after bankruptcy”

Barton Goth – Goth & Company Inc. – Bankruptcy Trustees said...

There is nothing legally to prevent you from buying a home after you have filed for bankruptcy. However, there will be some logistical difficulties in finding a lender who is willing approve you for a mortgage. Most institutions stipulate at a least they want to see 2 years since the bankruptcy is filed and some efforts made in that time frame to rebuild your credit.