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Step 1
Pay off your debts through your Chapter 13 trustee. You will likely not be allowed to buy a house until your debts from the judgment have been paid off.
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Step 2
Start rebuilding your credit after bankruptcy. Consider a secured credit card as a way to improve your credit in order to buy back a house. With a secured credit card, you deposit a certain amount in a bank account and then can use those funds to make purchases.
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Step 3
Find out the status of the residence. If you stopped making payments due to bankruptcy, then the foreclosure process has likely began. The mortgage has reverted back to the lender and you will have to find out the judgment amount made against the house. If the house has not been auctioned off, you can work with the lender to re-buy the property.
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Step 4
Build up a down payment. In order to buy a house after bankruptcy, you should have a substantial down payment. Let the lender know this amount in order to be considered for a new mortgage loan on the property.
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Step 5
Show that you are now in good financial standing. You will have to prove to the lender that you now have a stable income and are able to meet the payments required for your mortgage.
