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Between the time you file your papers for Chapter 13 and your court date, no one is likely to be interested in giving you a car loan.
You don't get a "court date" in federal bankruptcy. You get the "first meeting of creditors," known to bankruptcy lawyers as the "341 meeting," for the US Code section that requires the trustee to examine the debtor(s) under oath.
You can get a car loan only if the payments will not lower your plan payments, and you will need a proposed loan document, completed but for signatures, to submit to the court, the trustee and any creditors who must be notified.
You may be able to get a car loan approved before the plan has been submitted, but different courts and judges may give you different answers.
If the new car loan payments are not significantly higher than the old car payments, you should not have a problem. If your old car is paid off, absent an emergency of some sort, the court and trustee may not approve a new loan.
Ask your bankruptcy lawyer. Or consult one if you decided to file on your own.
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∙ 11y ago
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When filing for bankruptcy and including the car how long is it before the creditor collects the car and how does that work?
The loan company can repossess any car that the payments are delinquent on. Your BK does not prevent repossession of your car.
Can your car be repossessed after filing bankruptcy if you are up to date on payments?
On the surface, no. As long as you have not defaulted on the loan contract, there is no reason for repossession. The lender wants your money, not your car.
How can one get a car loan after filing bankruptcy?
To receive a car loan after filing for bankruptcy you will probably have to rebuild your credit before applying. You can also find a co-signer with amazing credit to counteract yours.
You have no money and you need to return your car what to do?
apply for a loan
Can car loan interest be claimed when filing personal taxes?
No, car loan interest cannot be claimed when filing personal income taxes. One can, however, deduct some costs of upkeep (or mileage) if the individual can demonstrate that the car was used for business and that they were not reimbursed for such usage.
Will a car title loan be discharged by filing bankruptcy?
No, only unsecured debt is discharged.
How can you apply for an online line for a car?
There are many websites dedicated to day to apply for a loan for a car loan. You can compare rates from different banks and shop around for the best loans.
Can I get a car loan from MoneySupermarket?
MoneySupermarket is a company based out of the United Kingdom. If you are a resident of the Uk, you could apply for a car loan from the MoneySupermarket.
How long do you have after signing loan contract to return a car in Ohio?
You cannot return the car. The Buyer's Remorse law does not apply to vehicles. It only applies to unsolicited sales.
I am 16 and working full time can you get a car loan?
No, you cannot get a loan directly, you need a co-signer on whose name the loan will have to be approved. I am suggesting you few website where you can apply for the car loan.
Where do you get car loan with guaranteed approval?
No place. Loans are not guaranteed when you apply. You have to meet the conditions of the loan to get it. Even if you drive a car off a lot the dealership can ask for the car back if the loan isn't finally approved.
Can I apply for a car loan on a car I already own the car?
You can get a title loan. These usually have high interest rates and are not a great deal of money. yes i think its called a log book loan they give you wat they think the car is worth.
