Bankruptcy is not the end of the world - Credit Forums

Erik · #1 (**permalink**) 03-08-2007, 12:51 PM

Did you know you can often buy a house in two years or less after completing a bankruptcy? Not bad, huh?

muchodebto · #2 (**permalink**) 03-20-2007, 12:41 PM

It stays on your credit report for 7 or 10 years though, which can be a verrrrrrry long time. Still, you're right, life does go on.

badcreditchannel · #3 (**permalink**) 03-19-2009, 06:27 PM

And to chime in, you CAN get financed for a car if you have filed for bankruptcy. But, don't expect to get the best terms.

Greg · #4 (**permalink**) 04-07-2009, 06:29 PM

Did you know that if you have a 620 credit score you can still buy a home 1 day out of foreclosure or bankruptcy???

Now that is news!

cathy · #5 (**permalink**) 06-24-2010, 11:01 AM

Really said because sometime we be bankrupt due to circumstances but it does not mean that we are fraud.