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If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.

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โˆ™ 2006-05-05 17:09:46
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Q: Can you cosign for a car if you are filing for bankruptcy in the future?
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Related questions

Does having a car in repo effect filing for bankruptcy?

No - having had a car that was re-possessed will not affect the filing of a Bankruptcy.

What happens if you wreck your car after filing for Chapter 13 bankruptcy?

If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.

Can you cosign a car loan if you filed for bankruptcy?

If you can find a lender who will accept your signature, sure. Unlikely.

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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.

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How many time can you cosign a car?

how many times can someone cosign a car

Can one put car payments on their bankruptcy?

You not only can, you must. All creditors must be listed in any bankruptcy filing.

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I have file for Chapter 7 twice and it has had no effect on my car insurance.

How bad is it if you file for bankruptcy?

Although filing for bankruptcy essentially ruins your credit for 10 years, it may be your best option if you are in a situation where your debt is increasing while your income is decreasing and you need to stop the cycle. The credit aspect, which will have repurcussions when it comes to trying to buy a house, car, etc in the the future is typically seen as the worst part of filing for bankruptcy.

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