“One More Year to Wait”

“One More Year to Wait”





Dear Joe,

Thank you for your response to our letter and information. I know we are only a year out from discharge but is there anything we can do to try and buy at this time. We have never owned a home and our credit is high 600s (fair). Is there anything through FHA or other mortgage lenders that would look at us? I wanted to reach out once again. My intention was to never withhold the bankruptcy and waste your time, and I apologize if you thought that.

Thank you again for your time and help in this matter.



Based on the current guidelines if someone has gone through a bankruptcy and no real estate was involved, you must wait 24 months past the discharge date.


Also, based on current income, credit and available down payment, FHA would be the correct mortgage solution. But another year of waiting would be required.


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 1 commentJoe Petrowsky • June 27 2018 06:26PM


Good morning Joe. Honesty is the best policy. They will be back! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 1 year ago