The answer is no.
It will take either a bad hard-money loan with lots of cash down and horribly high interest rates or to wait three to five years based on the loan type you apply for.
I am just sorry that it sounds like you were not advised of that reality prior to filing.
Many people are opting for bankruptcy by default or upon bad recommendation by others because it appears to be a quick fix to a tough dilemma. However, bankruptcy is viewed by most financial advisers as a last resort when all else – credit counseling, budgeting and other efforts have failed.
Bankruptcy has far reaching consequences which make every day life very difficult for many years. Over the next few years you will find that it will impact your credit, finding employment, impact every day tasks like renting a car, and other necessities of life. Notwithstanding the fact that whether you are allowed a loan in a few years or not, your credit report will still wear the bankruptcy label for the next seven to 10 years depending on how you filed.
Why am I going on about this? Because you are now in a position to tell someone how to avoid what has happened to you. I am certain that if those who have had to file could do it again, with better counsel, they would not file or would not place themselves in a position to have to file.
Now that you have some time on your hands while you await the bankruptcy discharge, there are great free online tools to help you in beginning again and staying on track in preparation not only to purchase but to also establish spending disciplines that lead toward a healthier financial future.
I personally recommend sites such as http://www.mint.com and http://www.crown.org – wonderful and easy to understand tools that I use myself and have referred to family and friends.
Also, please don’t go the hard money route. There is no guarantee of what the market will do and you are in no position to take such a financial risk.
My best to you,
Keisha Mathews, REALTOR
Century 21 Landmark Network