One of the things that we will discuss at the free initial consultation is the rehabilitation of your credit after you file the bankruptcy. Proper utilization of the Bankruptcy Code will typically enable you to rehabilitate your credit score very quickly. A good credit score is critically important when you are applying for a new loan.
It sounds counterintuitive, but once you receive your discharge from the Bankruptcy Court, you will have a much better debt to income ratio which should significantly improve your credit score.
If you can remain current on your mortgage payments and car payments, then that will greatly assist you in order to increase your score.