You’ve filed for bankruptcy in Georgia, and now you’re thinking about buying a house. Many people assume that bankruptcy permanently ruins your chances of ever owning a home again. That’s simply not true.

While bankruptcy will initially lower your credit score (often by about 150 points), it doesn’t put homeownership out of reach forever. In fact, many people start receiving new credit card offers shortly after their discharge. Why? Because under Chapter 7, you can’t file for another discharge for eight years, making you less risky to lenders.

Of course, taking on new debt right away isn’t always wise. The key is rebuilding your credit responsibly. Here are some proven strategies to put yourself back on track toward qualifying for a mortgage with a competitive rate.

​Pay Your Bills on Time

This is the single most important thing you can do to repair your credit. Whether it’s rent, utilities, a car note, or a mortgage you kept through bankruptcy, always make your payments on time. Payment history makes up the largest portion of your credit score. Consider setting up automatic payments so you don’t have to worry about missing a due date. One late payment can undo months of hard work.

Use Credit Cards Responsibly

After bankruptcy, credit card offers will arrive. The trick is to use them only if you’re confident you can pay off the balance in full every month. Start small. For example, charge just one recurring bill—like gas or your cable bill—to the card. Pay it off at the end of the month. Once you’ve proven to yourself that you can handle it, gradually expand your usage. This helps rebuild your credit quickly and demonstrates responsible borrowing.

Save for a Down Payment

When it comes to buying a house, cash is king. Saving for a 20% down payment not only helps you qualify for a mortgage, but it can also lower your interest rate and monthly payments.

Check Your Credit Report

About four months after your bankruptcy case closes, request a copy of your credit report. Make sure all debts included in your bankruptcy are reported correctly. If you see old accounts still showing balances, talk with your attorney about disputing those errors.

Add a Second Credit Card

If you’ve successfully managed one card for several months, consider applying for a second one. Again, the rule is the same: never carry a balance. Using multiple cards responsibly shows lenders you’re managing credit well, which helps increase your score faster.

Final Thoughts

Rebuilding your credit after bankruptcy takes time and discipline, but it’s absolutely possible. By paying bills on time, using credit strategically, saving for a down payment, and monitoring your credit report, you’ll be well on your way to qualifying for a mortgage and achieving your goal of homeownership.

Will Geer is a partner with Rountree Leitman Klein & Geer, LLC in Atlanta, Georgia. Will specializes in chapter 7 and chapter 11 bankruptcy. For a consultation, please call our office at 404-584-1238 or submit a request online.

On February 25, 2025, David S. Klein, a partner at Rountree Leitman Klein & Geer, LLC in Atlanta, Georgia, delivered an insightful presentation at the State Bar of Georgia Real Property Law Section's Title Standards Seminar. Klein, a seasoned attorney with extensive experience in real property law, spoke on the topic of "Forms of Title Litigation." His presentation was a Continuing Legal Education (CLE) event designed for attorneys who are members of the State Bar of Georgia.

During his informative session, Klein provided an in-depth exploration of various forms of title litigation, a subject of critical importance to legal practitioners specializing in real property law. The presentation delved into several key areas, including quiet title actions, declaratory judgments, reformation actions, and fraudulent transfer actions. Each of these topics was examined with the goal of enhancing the understanding and proficiency of attorneys handling complex title disputes.

Klein explained the nuances of quiet title actions, emphasizing their importance in resolving disputes over the ownership of property and clearing potential defects in a title. He also detailed declaratory judgments, which serve as a judicial determination of the parties' rights under a contract or statute, often utilized in title disputes to clarify property ownership.

Additionally, Klein highlighted reformation actions, which involve the correction or modification of a written instrument to reflect the true intentions of the parties involved. He concluded with a discussion on fraudulent transfer actions, which are initiated to prevent the transfer of assets to evade creditors, a pertinent issue in title litigation.

Rountree Leitman Klein & Geer, LLC is proud to have David S. Klein represent the firm and contribute to the professional development of his peers at such a prestigious event. His expertise and commitment to legal excellence continue to make a significant impact in the field of real property law.

About Rountree Leitman Klein & Geer, LLC

Rountree Leitman Klein & Geer, LLC is a reputable law firm based in Atlanta, Georgia, offering a wide range of legal services to clients throughout the state. With a team of experienced attorneys, the firm is dedicated to providing exceptional representation and achieving successful outcomes for its clients in various areas of law, including real property, bankruptcy, and commercial litigation.