Due to unforeseen circumstances, you could find yourself ending up filing bankruptcy. Then the question becomes can you get a mortgage after filing bankruptcy? The quick and easy answer is yes. However, you might want to heavily consider waiting several years and allow yourself to re-establish a good credit history for a period of time. I do not recommend rushing back into a mortgage situation after bankruptcy. Why? I say this for a few reasons: 1) you need to re-evaluate your life and decide why what happened, happened; 2) re-structure your finances and financial goals so that this situation will not reoccur and 3) if you rush in and get a mortgage after bankruptcy you might find you are not able to maintain the new mortgage and end up in foreclosure. It is very important that you allow the time to clean up your credit, learn how to manage your money and different circumstances when they arise. If someone wants to qualify you rights away, be careful and evaluate the entire plan that is being placed before you. That person might be setting you up for failure versus success.
