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When can I buy another house?

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In 2012 my spouse and I opened a a business...lucky for us the business succeeded but as you can see...our mortgage took a MAJOR hit. We just paid our last trial period payment of the loan modification and will be brought current next month. Will any lender ever lend to me again?!? I've read that once an acct goes 120 days late...it's as bad as a bankruptcy...is that true? Any suggestions on rebounding from this?!  photo 11A91D2D-004B-4E1E-840F-2CEE3A8E55DE.jpeg

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