If your filed Chapter 7, and are now 2 years out of the date of your discharge, you're now eligible for loan consideration.
If its a Chapter 13, ( and it sounds like it) then you'll need a 12 month history of on-time repayments and the approval of the court to be considered. You'll aslo need to do a LOX (leter of explanation) detailing the reason for your bankruptcy and whats taken place since then to better insure you against it happening it again.
Loss of job, cut in pay, medical issues, divorce, are all acceptable reasons to an underwriting for a bankruptcy. You'll also may need to provide corroborating documention (especially in case of divorce) if requested.
Finally, remember your credit score will also be taken into major consideration. Most lenders now require 640 or better. Especially if you're still in the midst of a Chapter 13. Hope this helps, and good luck.
Rudy R. McDowell / Senior Loan Officer
770 S Adams Birmingham, MI. 48009
o: 800-678-6663 Ext 5154 / f:248-594-6156 /d: 313-410-1344
"Referrals are the Best Indicators of My Service and Your Satisfaction"