Comments on: Home Loans After Foreclosure and Bankruptcy Can Be Found

By: Chapter 13 Bankruptcy Attorney Phoenix

Chapter 13 Bankruptcy Attorney Phoenix — Wed, 28 Apr 2010 20:04:57 +0000

It is still debatable if the 2005 Bankruptcy Act has been good or bad for people. But one thing is for sure, even with the higher interest rates they charge on you, creditors will always be very wary that you will pay, as opposed to your capacity to pay.

So it’s not a general thing, it’s a case-to-case basis whether this would hold true for you or not.

By: Hollywoodfl

Hollywoodfl — Thu, 30 Jul 2009 19:53:01 +0000

A friend of mine filed for bankruptcy a few years ago but now is able to purchase a homes. So yes there is hope in getting a home after bankruptcy.

By: Adelle

Adelle — Tue, 23 Jun 2009 19:15:12 +0000

I work as a mortgage loan officer and yes, we do get people home loans after bankruptcy and foreclosure.

If the bankruptcy is discharged and the person’s credit scores meet the current guidelines, then the previous bankruptcy is not usually a problem.

Adelle