Schedule A Demo

Crestview Bankruptcy Lawyers Discuss Buying a House After Bankruptcy

February 03, 2022
Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

bankruptcy lawyers in Crestview, FL

Crestview, Fla. — Goals for a new year can be anything from losing weight and saving up for a new car to cutting back on monthly expenses and taking debt relief steps. For some people, buying a new house is number one on an individual’s goal list. This task can be quite stressful, as the act of buying a house on a normal basis can be a challenge, and that is without taking into account the added difficulty to those who have had to file for bankruptcy in the past. The good news is that purchasing a house after bankruptcy is possible, depending on a number of factors.

One factor to consider is that bankruptcy waiting periods exist and can vary. Another factor to consider is whether an individual plans to simply pay cash for a new house or if they plan to borrow the money. Paying cash can be done by anyone, regardless of whether they have had a bankruptcy discharged in their past or not. If borrowing the funds to purchase a new house is the only option, then according to Forbes Advisor, “Depending on the type of mortgage you qualify for, your lender, the type of bankruptcy you declared and the cause of your bankruptcy, you may have to wait one to four years after filing bankruptcy. You will also have to wait until your credit score has recovered enough for you to qualify for a mortgage.”

Bottom line, having had to file for bankruptcy in the past does not mean that someone cannot eventually purchase their own home in the future. It simply means that there are multiple components of the process to consider, so staying well-informed is the key.

For those who are still struggling to find debt relief help, Lewis and Jurnovoy offer free appointments for those considering filing for bankruptcy. The talented lawyers at Lewis and Jurnovoy can help with a variety of debt types and a variety of finance levels. They work diligently to find the best financial solution for each client every time. For more information on bankruptcy assistance in Crestview or the surrounding areas, call Lewis and Jurnovoy at (850) 409-3350 or visit them online at

SOURCE: Press Advantage [Link]

Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

About Lewis & Jurnovoy, PA- Crestview:

The primary emphasis of our law firm is in the representation of individuals in Chapter 13 bankruptcy, Chapter 7 bankruptcy,mortgage foreclosures, mortgage modifications and protecting against abusive debt collectors.

Contact Lewis & Jurnovoy, PA- Crestview:

Steven D. Jurnovoy and Martin S. Lewis
1501 S. Ferdon Dr. Crestview, FL 32536
(850) 409-3350

Social Media:

Additional News Releases From Lewis & Jurnovoy, PA- Crestview:

July 29, 2022Bankruptcy Lawyers in Crestview Explain a Recently Vetoed Bankruptcy Bill

May 31, 2022Crestview Debt Relief Lawyers Highlight New Measures to Decrease the Impact of Medical Debt on Credit Scores

April 29, 2022Local Attorneys Discuss Bankruptcy Filings Increase

March 18, 2022Crestview Debt Relief Lawyers Discuss Launch of New Bankruptcy Analytics Platform

February 17, 2022Local Lawyers Discuss Declining Bankruptcy Filings Amid Rising Credit Balances

February 03, 2022Crestview Bankruptcy Lawyers Discuss Buying a House After Bankruptcy

October 27, 2021Crestview Debt Relief Lawyers Discuss Bankruptcy-Predicting Artificial Intelligence

September 21, 2021Crestview Bankruptcy Lawyers Highlight Recent Spike in Collection Activities

August 31, 2021Crestview Debt Relief Lawyers Highlight Backlash from Congress of Legal Releases

July 21, 2021Local Attorneys in Crestview Highlight the Bankruptcy of an Oil Production Company in the Gulf of Mexico