Why? The answer is simple: The bad debts and accounts are all wiped clean.
When you file, you start to erase old delinquent accounts that all have a negative effect on your credit history. Old credit cards with balances, repossessed cars are all discharged, so you will no longer have multiple accounts in the unpaid file negatively affecting your rating.
Bankruptcy simplifies and now allows you to increase your score. The Law Offices of Christopher James can do a credit report that shows how much your score will increase after filing with CIN group. You can also reaffirm car notes to rebuild your credit history right away even during the bankruptcy.
Home loans: You will have a much easier time getting a home loan 2 years after a bankruptcy than you would if you never filed and kept all the delinquent bills on your credit. Provided that you now have a steady income stream, you will likely qualify for a home loan based on your present income.