Advanced Legal Services Blog

Can We Purchase a House After Bankruptcy?

August 26 2020

What does it cost to file Bankruptcy?

August 26 2020

Attorneys vs. Document Preparers

August 26 2020

Testimonials

Jessica, I just want to thank you and Linda for the work and effort put towards my case. More importantly, I wanted to express my gratitude for making me feel comfortable and less stressed about... more
Jessica was such a Godsend that we wish every law office was like hers. Anonymous
Thank you, Jessica, for all your time and effort on my case. You had to think outside the box as my case had a few extra bumps along the way. You were very organized and found answers to everything... more
(This is written about Jessica Deal). This was the best experience I've had with a lawyer. Jessica was my attorney and made my process a lot easier than I ever expected. The entire staff was... more
Thank you so much for your help! You have been a blessing and a pleasure to work with. T.R.
Through my bankruptcy, I was so comforted by your amazing staff and your representation at court. I will always appreciate all your staff and the attorneys during this hard time in my life, and... more
-- S.O.
We were nervous about meeting with an attorney. Your office made the process easy and painless. I will be happy to recommend your office to anyone needing to file bankruptcy. Happy in Denver.
-- Anonymous
Best service, was quick, simple, and inexpensive. I would recommend them.
-- B.J.
I want to thank you all for making a difficult process for me, manageable. From the time I was greeted on the phone to the end of my bankruptcy, you put me at ease and assured me your organization... more
-- Anonymous
Thank you from the family whose home and way of life you helped save. 1,000 thanks.
-- K.C.
Thanks for giving us your time and part of yourself. You helped us through one of the most difficult times in our lives. Thanks for giving us hope for a new beginning.
-- A.A. & J.A.
Thank you for all your help. You always made me feel like I was your only client. You are greatly appreciated. God bless you.
-- Y.T.
I so sincerely appreciate all the time you spent with me. You gave me good solid information in a kind and generous way. Thank you truly.
-- D.W.
Thank you for understanding the circumstances of my ill daughter. She is doing so much better and I am able to focus on the issue at hand. I am so glad I came to you for help with my bankruptcy. Many... more
-- Y.K.
After my initial visit to you office, I felt a weight had been lifted off my shoulders. I can breathe again.
-- J.T.
I know that we are not done yet, but I really wanted to say thank you to the firm. This was a hard decision to come to and you have been so amazing. I really appreciate how everyone at the office has... more
-- C.S.
Somehow, just saying “thank you” doesn’t seem like enough. But I hope you know how much your kindness has meant to me. Just wanted to thank you for all your hard work and guidance during my case. You... more
-- A.K.
You are my miracle. You have saved my home and given my family a place to live. I cannot thank you enough!.
-- S.O.
Again, thanks for your prompt attention - you make things go so smoothly on behalf of your clients, it is greatly appreciated by me as well!
-- Anonymous Trustee

Can We Purchase a House After Bankruptcy?

YES, with patience and planning it is possible to purchase a home after bankruptcy! It is wise to wait for two years after your bankruptcy to make this purchase. By waiting you will probably get better terms and interest rate on your home loan, saving you money overall.

UPDATE Your Credit Report by watching for the following mistakes:

Debts that have already been repaid or discharged
Someone else with a similar name, address, or Social Security Number has information on your credit report
Wrong account information caused by identity theft
Outdated Information (Former spouse’s information still mixed with yours)
Wrong Account information - that appears as closed by the creditor rather than closed by you

If you find any errors like the ones listed above, contact the credit agency as soon as possible to dispute the mistake and have it fixed.

Building Credit Again:

You will have to rebuild your Credit in order to get a home loan. A secured credit card is one of the best ways to start this process. This card is protected by the money you have in a savings account. The secured credit card activity is reported to the credit reporting agencies and regular debit cards are not.

Get an Installment loan like a personal loan or car loan. The monthly payments need to be paid on time and in full every month! This information will make your credit score higher.

Good luck!

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Can We Purchase a House After Bankruptcy?