Dean David A. Reingold shares progress on the strategic goals for the College of Liberal Arts.
The length of a bankruptcy case depends on many circumstances, but it mostly depends on which type of bankruptcy you file. There are two main types of personal bankruptcy: Chapter 7 and Chapter 13. Generally: 1  Chapter 7 debt discharge bankruptcy = 3-6 months. 2  Chapter 13 bankruptcy repayment plan = 3-5 years.
If you: 1  Declared Chapter 7 bankruptcy, you usually must wait two years from the date of discharge before qualifying. 2  Lost a home through foreclosure, you must wait three years. 3  Are delinquent on a federal debt, such as a student loan or income taxes, you can't get an FHA loan.