Credit Repair Bankruptcy Dismissed
wanting to buy another house soon?
In 2000 I bought a house from a contractor who basically covered with a condemned house. FHA inspected the house and the approval for sale. Little by little, began to crumble and it was found that the contractor was a crook and has fooled enough people with bad houses. I went bankrupt because we were fixing the house (major repairs), but was fired after the case was in court. An inspector came FHA to search the house and basically opened a case against him because they were defrauded. They told me I'd have the money paid into the house but it will take time. Anyway, my total household income is $ 85,000, but last year I was with breast cancer and my credit went to pot. I want to buy a house now that the sale is so slow, but you can do with it? Should not the FHA help, since he said that this house was well past to advance?
FHA is very lenient. It may require 12 months after the bankruptcy under any circumstances, but if you do your loan in 12 months, that still would be nice. Make sure you can fully document the situation. And for this, I would go to a big bank like Wells Fargo personal subscribers can actually make lending decisions and to take a lot of extra work and time to do. But if they can demonstrate, on paper, which was the cause of all, on top of breast cancer, at least after 12 months in the worst case, you would be a good candidate for FHA again. Maybe I would before, but that would be a case very exceptional. Maybe his case would be the exception. Good luck.
Bankruptcy Chapter 13 Differences.flv
