Zillow Advice: Mortgage - My husband and I filed chapter 13 in 2009-this included our first and second mortgages. http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ Zillow Advice | Zillow Real Estate You are good to go! http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ You are good to go! Mon, 31 Mar 2014 23:52:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-31T23:52:00Z Once someone files chapter ... http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ Once someone files chapter 7 bankruptcy, they have to sit through a waiting period before they can obtain another mortgage. Fortunately, you have passed the waiting periods for most basic loans such as Conventional, FHA, VA, etc. Now, the next important step would be to have rebuilt credit. If your credit is rebuilt then you should be good to go. Of course there are other financial factors that need to be closely looked at as well.&nbsp;So&nbsp;the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home.&nbsp;If you need additional assistance, feel free to reach out. Good luck! Mon, 31 Mar 2014 19:59:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-31T19:59:00Z OK, If your BK was discharged ... http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ OK, If your BK was discharged in 2009 you can buy right now! Sun, 30 Mar 2014 19:55:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-30T19:55:00Z Correction-we filed chapter ... http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ Correction-we filed chapter 7 in 2009. Sun, 30 Mar 2014 19:36:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-30T19:36:00Z Hello SpudBar,I assume you ... http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ Hello SpudBar,<br/><br/>I assume you are done and out of the chapter 13 or are you still making payments on the chapter 13??<br/><br/>Scenario 1: <br/>If you are still making payments in the chapter 13 you must obtain your case trustee's consent to get any new credit , including a mortgage or a mortgage refinance, during your Chapter 13 plan. If the trustee agrees you will need to show at least 12 months of on time payments and a letter from the trustee acknowledging and allowing for the mortgage.<br/><br/>Scenario 2: If you are done with making the payments and the Chapter 13 has been completed then here are your options with the different financing.<br/><br/>Conventional 2 years waiting period from the completion of the Chp 13<br/>FHA 2 years waiting period from the completion of the&nbsp;Chp 13<br/>VA 2 years waiting period from the completion of the Chp 13<br/><br/>Also, regarding your current residence we would just require a motivation and disposition letter explaining the property. For example, what is your motivation for purchasing a new home i.e. family size increase, closer to job, downsizing, etc. and what is your disposition for your current residence i.e. turn in to a rental.&nbsp; I assume you would be renting the property b/c to sell the property it would have to be a short sale and this is considered a "buy and bail". Be careful about the "Buy and Bail" as this is serious with lenders. If you need further information please post on Zillow so others can learn from the response or reach out to me directly. I am happy to help! Sun, 30 Mar 2014 17:43:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-30T17:43:00Z I would recommend that you ... http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ I would recommend that you discuss this situation with a Real Estate Attorney and a reputable loan officer. &nbsp; Sun, 30 Mar 2014 14:40:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-filed-chapter-13-in-2009-this-included-our-first-and-second-mortgages/534387/ 2014-03-30T14:40:00Z