Question: When you have decided to go bankrupt and give up your present house that you own, how long should you wait before you rent another house?
Answer: If you are surrendering your house and going bankrupt, in most cases you will find a place to live immediately. If you are giving up your house you will also stop making the mortgage payments, which gives you the money necessary to pay rent.
Every situation is different, so contact a trustee for further information.