Was the home foreclosed on? Do you know when the foreclosure sale date was?
If the home was foreclosed as part of the bankruptcy, with VA financing it just requires 2 years from the BK discharge... however with FHA & USDA financing it is 3 years from the foreclosure sale date. With Fannie Mae & Freddie Mac loan programs it is up to 7 years from the foreclosure sale date.
So you'd have to wait for both of the events to meet their seasoning (time) requirements - foreclosure being 3 years and bankruptcy being 2 years. You said the BK will be 2 years discharged next year in 2012, and your foreclosure will be 3 years old about March of 2012, so if your BK was discharged in March or earlier of 2010 then in March of 2012 you'd have met both seasoning requirements for new FHA financing.
You are welcome.