Fundamentally, a case of bankruptcy doesn’t prevent a debtor out-of obtaining an enthusiastic FHA financing totally. However, a borrower need to have reestablished a minimum of a few credit account (particularly credit cards, car loan, etcetera.) and you will waited 2 yrs while the discharge of a part seven bankruptcy-or has a minimum of one year off installment which have a beneficial Chapter thirteen (brand new debtor should search consent from the process of law to allow this).