Can bankruptcy happen after 10 years?
John Parsons 
A bankruptcy proceeding isn’t confidential—it will remain on your credit report for up to ten years. And because bankruptcy filings are a matter of public record, anyone can search for it.
What happens if you don’t get discharged from bankruptcy?
Since your bankruptcy discharge is what eliminates your responsibility to pay back your debt, not receiving your discharge can pose a problem. So what happens if you don’t finish the process? Well first, the trustee can apply to the court for his discharged. This means he is no longer administering your bankruptcy.
When to apply for a Fannie Mae mortgage after bankruptcy?
Fannie Mae and Freddie Mac — the national rule-makers for conforming loans — allow Chapter 7 filers to apply for a Fannie Mae or Freddie Mac mortgage after bankruptcy. But the wait is four years after their discharge or dismissal (see below for special cases). The waiting period for Chapter 13 bankruptcies is two years.
Can a mortgage be discharged in a bankruptcy?
Mortgage and Other Secured Debts Will be Discharged. A while back I discussed which debts are dischargeable in bankruptcy. Mortgage debts, and other secured debts–such as those on vehicles–are also dischargeable in bankruptcy in most cases. This means that the obligation to pay on the underlying mortgage…
How long does it take to get mortgage after Chapter 13 bankruptcy?
Conforming lenders treat dismissals of Chapter 13 bankruptcies more strictly than discharges. That is because, if you go through the entire five years and receive your discharge, you still have to wait another two years before you can get a conforming mortgage. That is a total of seven years form your filing date.
Can you get a FHA loan after a Chapter 7 bankruptcy?
You can apply for an FHA loan or a VA mortgage after your Chapter 7 bankruptcy has been discharged for two years. Chapter 13 bankruptcies are viewed a bit differently. FHA and VA allow homeowners to apply for a mortgage while they are actually still in bankruptcy. At least one year must have passed since filing.
