buy a home after bankruptcy

July 16th, 2008 by Questions

Can someone buy a home after they have gone bankrupt?

Posted from: Ontario

Questions

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.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)