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In reply to GregFisher's post:
Greg's facts are true. Don't forget to consider other opinions as well; there's a Living Under Bankruptcy board to talk to people who have been there (or are still there).

Re FHA loan: "Allows" means "Bankruptcy does not automatically exclude you". As with any loan, being "allowed" to get it doesn't automatically mean you will get it.

But renting isn't the end of the world.
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