You can actually have a
life after Bankrupcy and normal rate Bankrupcy Assistance home mortgages within 2 years after filing Bankrupcy or three years
after a foreclosure by simply paying your debts on time after you file Bankrupcy. HUD, FHA, Kentucky
Housing Corporation and other Mortgage Net Branch Federal housing agencies have non discrimination guidelines that allow you to
have a mortgage after Bankrupcy at prime interest rates. They will ignore your pre Bankrupcy
credit record and only use your post Bankrupcy payment history to decide on your loan. Make an
appointment and we will show you how.
You can also qualify for a mortgage one year after filing a Chapter 13 and have a life after Bankrupcy
under the same rules. Of course you will still have to qualify based on other factors.
Mortgages are only granted if you make enough income and haven't gone
deeply into debt for other items.
To recover
- Remove negative information using our letters
in our download section after filing Bankrupcy and increase your
FICO score or use Lexington Law to do it for you.
- Wait a sufficient amount of time before
applying normally a year for a car and 2 years for a home mortgage,
3 years after a foreclosure.
- Pay bills on time religiously after filing.
Our bankruptcy and other manuals explain how to properly file a Bankruptcy case in Kentucky. However, if you have specific questions about Kentucky bankruptcy or divorce you have to ask your attorney for advise or see us as your lawyer. We practice Bankruptcy and Divorce cases statewide in Kentucky and Indiana.
