A bankruptcy timeline

Debt Management 2006

	Bad credit
	When your credit rating is in a deep hole it's tough to get a good foothold.

What happens before, during and after bankruptcy

2	years	Purchase home

•	A home can be purchased 18 to 24 months after a personal bankruptcy discharge, depending on a positive credit history.
•	Interest rates may be an estimated 2 points to 3 points higher than conventional rates.

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Posted: Jan. 1, 1986

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