Experienced Bankruptcy Lawyers Serving California and Nevada
While bankruptcy can have a negative impact on your ability to secure a home loan, it does not mean you cannot buy a home in a relatively short period of time after discharge. In fact, with careful planning and taking the right steps to improve your credit, you could secure a home loan in as little as 18 - 24 months.
If you have questions about buying a home after bankruptcy, the lawyers at Bankruptcy Law Group, PC, are here to help. We will work with you personally to help you achieve your debt relief goals.
Contact us today to discuss your debt relief options. Our California bankruptcy lawyers are here to help.
Buying a Home After Bankruptcy
While your financial situation may be confused prior to bankruptcy, you typically know exactly where you stand after filing. This is beneficial in that it can help you decide if buying a home is within your means.
Under FHA guidelines, you can qualify for a home loan 18 months after filing for bankruptcy. Interest rates will typically be higher with a bankruptcy on your credit report, but you can mitigate them to some extent by saving up money for a sizable down payment.
Our attorneys can advise you on successful strategies to improve your credit after bankruptcy and about topics such as buying a car and applying for new lines of credit. We know the bankruptcy process and are prepared to help you enjoy the freedoms of a life without debt.
Schedule Your Free Consultation
If you need help with the bankruptcy process, we are here for you. Contact us today to schedule a free debt relief consultation with one of our experienced California bankruptcy attorneys. We hold regular office hours and are available evenings and weekends by appointment. We have law offices in Sacramento, Fairfield, and Redding, California and Reno, Nevada.
