Posted on: 29th Jan, 2010 09:28 am
My wife bankruptcy was discharged this past June. She had to file bankruptcy because the house she owned was stolen by someone we thought we knew (a family friend). All the correspondences was sent to him. We did not find out until February that the house was going into foreclosure.
We saw a house we're interested in buying. I'm working part-time at the moment (can't find a full time job). My wife has been working on her job for over 20 years and also has a part time job. We have enough to pay the mortgage. We have been renting for the past 3 years and have been paying on time. Her credit score is 613. Can anything be done to buy this house now? We do not have a co-signer.
We saw a house we're interested in buying. I'm working part-time at the moment (can't find a full time job). My wife has been working on her job for over 20 years and also has a part time job. We have enough to pay the mortgage. We have been renting for the past 3 years and have been paying on time. Her credit score is 613. Can anything be done to buy this house now? We do not have a co-signer.
Was is a chapter 13 or chapter 7 BK? You need 2yrs out of Chapter 7 before you can get a loan. You need one year of on time payments and court approval to enter into a mortgage transaction for Chapter 13.