Buying a new house

[ty29]

After filing a chapter 7 bankruptcy, how soon can you buy a new house? Do you have to wait until you have been discharged?

[chrissie1101]

YOu can get a mortgage pretty much anytime after discharge. You may have to go througha broker which will be a little more expensive now, but in 5 y rs or so you can transfer to a bank and get a lower rate. Your house will always be collateral and only appreciates (most of the time) so if you have an income, it is really really hard to not get one. Even with bankruptcy.

[bellagirl]

You have to wait until discharge. Noone is going to give you anything, not even a secured card until you discharge. That is the point of the discharge period.