Fortunately, it doesn't take that long to be able to purchase a home after the filing of a bankruptcy. Even though the bankruptcy stays on your record for seven to 10 years depending on what chapter you file, you can usually qualify for a mortgage within one to two years depending on the type of mortgage that you're getting. Whether it's conventional, VA or FHA. And if you have a considerable down payment, say 20% or so, many lenders will actually lend to you the day out of bankruptcy. Don't think that you can't buy a home after bankruptcy, our clients do it everyday.