Are you asking about Bankruptcy rules regarding getting a loan after filing a Bankruptcy, or are you asking how long one generally has to wait before a lender will issue a loan to someone who has recently filed a Bankruptcy?
1) If the mortgage is not being paid, filing a Bankruptcy will only postpone a foreclosure proceeding. A Bankruptcy has no other effect on a foreclosure. That means that someone who files a Bankruptcy has to leave their home at the same time as someone who is not paying the mortgage but does not file a Bankruptcy. Either way, the homeowner does not have to leave the home until the house sells at a foreclosure sale. This can take as little as 6 months after defaulting on the mortgage (plus up to a 6-month postponement for a Bankruptcy) and it can easily take years.
2) Lenders will generally lend money to a Bankruptcy filer in approximately one year after a Bankruptcy is filed. The reason is they know a Bankruptcy filer must wait 8 years before filing another Bankruptcy.
3) The filing fee for a Chapter 7 Bankruptcy is $299. If the filer makes less than a certain amount, the fee can be waived.
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