How long do we wait after bankruptcy to buy a new home?
Just a general question, but for context: my husband and I filed in Nov and were discharged in Jan. We filed for Chapter 7 but were able to keep our home because we do not have much/any equity in it atm- we have only owned it for 2 years and the value in our area has actually dropped. We live in Denver CO.
I just got a new job that pays me more, and my brother moved in to provide us financial and babysitting support as well. My new job is 30+ minutes away though, so I would like to move a little closer.
All that being said, how long should we wait before even considering moving? 1 year, 5 years, 7 years? I've heard stories of people being able to move much sooner than you'd think. My credit score is in the mid 600s now.
Thank you!
Posted Mar 8, 2025, 12:50 PM UTC