In this episode of All About Bankruptcy, Attorney Luke Homen explains what life looks like after filing bankruptcy. He breaks down how soon Oklahomans can get approved for car loans, mortgages, and credit cards, and why lenders often view bankruptcy clients as lower-risk borrowers. Luke also shares insight on rebuilding credit scores, the differences between Chapter 7 and Chapter 13 when it comes to new loans, and how to move forward with financial confidence.

01:00 – Why filing bankruptcy can improve loan eligibility

02:10 – How bankruptcy affects your credit report

03:00 – Rebuilding your credit score with the “7 Steps to 720” program

04:00 – What lenders look for after bankruptcy

05:00 – Importance of on-time payments in rebuilding credit

06:00 – Differences between Chapter 7 and Chapter 13 loan approvals

07:00 – How soon clients qualify for mortgage loans again

08:00 – Real client stories: getting a new car loan days after filing

09:00 – Luke’s advice for anyone worried about loans after bankruptcy

All About Bankruptcy helps Oklahomans take control of their financial future. Each episode, Attorney Luke Homen shares practical guidance on debt relief, bankruptcy law, and rebuilding credit with confidence and clarity.