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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I filed chapter 7 in 2017, and it was the best financial decision I could have made at the time for my situation. I recovered quickly, built a house in 2021 (conventional loan), and have no debt currently beside my mortgage.

I have zero regrets with filing and hate that there are so many myths and shame with doing it. [/quote]

You can get a mortgage four years after filing bankruptcy??[/quote]
You can get one within 2-4 years. The terms may not be the best, but it’s possible. You can generally get an FHA loan on the early end but I see PP noted that their loan is conventional.

That they got a mortgage and have no debt 6 years later (aside from the mortgage) is a really great story. That’s how bankruptcy should work out. But if you live above your means and continue to do so, you’re going to end up right back where you started without the ability to file again for years.[/quote]

I am the bankruptcy pp, and full disclosure-- three months after my bankruptcy was discharged, I had an unexpected death in my family, and I inherited a decent amount of money. The money I received was exempted from repayment toward the bankruptcy, so I used it to get back on my feet, pay cash for a car, build the house, and stay out of debt. My situation is unusual, so op will need to figure out a path forward that keeps her nose clean should she file. [/quote]

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