A mortgage was discharged on a Chapter 7. I am still making my monthly payments on time. Can i purchase a new home?

Generally, lenders require that a Chapter 7 discharge be at least 2 years in the past before qualifying a borrower.  Additionally, since your name remains on the mortgage, any potential lender will normally require that you divest yourself of that property and mortgage before approving you for another one.  Having said that, it costs nothing to inquire and there are many mortgage brokers to choose from. I trust this answers your questions, and, if you live in the Delaware Valley, feel free to call or email on a free initial basis.    Best Regards,   Matthew R. Nahrgang, Esquire 35 Evansburg Road, Ste 400 Collegeville, PA 19426 (610) 489-3041 o (610) 489-3042 fax nahrganglaw.com