Brad HainesMortgage · NMLS #154083

Bankruptcy · 30 seconds

Where does your clock stand?

The waiting period after a bankruptcy runs from your discharge date, not your filing date, and it is different for every loan program. Answer three questions and see your earliest date for each one. Nothing is pulled, nothing is stored until you ask me to follow up.

Your bankruptcy

It’s on your discharge order or dismissal order. If you only remember the filing date, use that for now and I’ll confirm the real date with you.

Your earliest dates

    Want the written plan?

    I’ll confirm your date from the paperwork, tell you which program fits, and send a short plan for what to work on between now and then. No application, no credit pull.

    Or text your discharge date to (425) 501-3285. I reply the same day.

    What the dates mean

    The earliest dates above come from each program’s own rulebook. Three things to know before you count on one.

    1 · The clockDischarge, not filingChapter 7 counts from the discharge date. A dismissed Chapter 13 counts from dismissal and waits longer than a completed one. 2 · Still in a plan?You may not have to waitFHA, VA and USDA can work during an active Chapter 13 after 12 months of on-time plan payments, with the court’s permission. 3 · The rebuildThe date alone isn’t enoughEvery program wants re-established credit after the bankruptcy. That’s the part you can work on today.

    Brad Haines · Mortgage Loan Originator · NMLS #154083 · Cascade Premier Mortgage, LLC · NMLS #46283 · Equal Housing Opportunity