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Bankuruptcy and making plans to get an FHA mortgage.

Filed Ch. 13 last year 2011 in Va. and want to move, rent out my house and buy in another city, FHA says i can get a loan, will trustee let me? Particularly since I am buying in another city not close to my job. I will commute for a while but I can also retire in sept. 2013 with partial benefits.So the plan is….buy, rent out, retire? Or, can I possibly pay off my mortgage arrears while still in Ch. 13 and file ch. 7 and reaffirm my “current” mortgage and keep the house, so that in a year i can sell the house and keep the proceeds?

Bankuruptcy and making plans to get an FHA mortgage. by

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