Numerous debtors worry that the bankruptcy will shut down any opportunity of getting home financing. But that is simply not the case, having a short amount of time and appropriate preparation you may get a home loan with good interest levels.
Reconstruct Your Credit
If you would like get home financing after bankruptcy, you’ll need certainly to get busy rebuilding your credit straight away. You will begin to see some improvement in your credit score within 12 months of your discharge if you make sure your credit report accurately reflects your bankruptcy, all zero balance credit accounts are closed at the time of your discharge, and pay your credit bills on time. (more…)