Do you have to wait 2 years after a bankruptcy to get a line of credit

If you're asking about a Home Equity Line of Credit, then the answer is no.. you will wait longer than 2 years more than likely... Because HELOC's are not insured, they don't have standard guidelines... each company is different, and can have different requirements. If you're talking about a personal line of credit, then the same applies... contact your local bank and inquire with them. You might have to visit several to get a feel for what is required... WilliamAcres.com

Go to your local banks and shop around ..better yet try the bank you bank with that is your best shot...also need equity in your home..I could see them capping at 80% CLTV

You won't qualify on the secondary market. If someone would approve you for it, it'd have to be a local lender who plans to keep the loan in house & service it themselves.

Home Equity Lines of Credit generally require very good credit. The big banks would all consider a bankruptcy in the last in the last 5-7 years to be poor credit, or a basis to deny approval, even if your scores had re-bounded into the 800 range. That said, the only way to find out is to check with local banks or credit unions to find out what their standards are and then work toward meeting them. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com