House Files
Can someone who files bankruptcy still by a house down the road?
I have heard alot of rumors about bankruptcy, I was just curiouse if someone files can they still buy a new house later and get new credit? Is bankruptcy like a 2nd chance clean slate or what? Just curiouse, and if someone has files give me your feed back good or bad. Thanks
Sure you can.
I filed in December of 2000 and discharged in March of 2001.
Within 12-months I had re-established my credit using 3 credit cards and was able to buy a new car with no money down and a 3.9% interest rate through Ford.
After making 12-payments on the car I bought a new home again with no money down and a 6.5% fixed interest rate
Now all of my scores are over 750 even though the bankruptcy still shows on my credit report.
| No items matching your keywords were found. |