Welcome.
Sorry, but without knowing any more about your situation, I have to say it doesn't sound like you are on the right track financially quite yet. You are recently out of bankruptcy but bought a car that you admit cost more than you were willing to pay (so why did you buy it?). Then you financed it for over 6 years which further emphasizes that it was more than you could afford.
If it is possible to get close to what you paid for the car, I'd sell it and buy something much more affordable.
Should you borrow from your 401k? Absolutely NOT! It is a bad idea in virtually all circumstances and this is no exception.
As for buying a home, tell us about your savings at this point. How large of a down payment do you have set aside? How large of an emergency fund have you built up? How much free cashflow do you have each month after paying all your bills? What % of income are you putting into the 401k?
If you are willing to post you income and expense info, we'd be able to really get into some nitty-gritty advice.
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Steve
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