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Can you finance a car before getting your bankruptcy discharge?

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βˆ™ 2006-08-01 12:46:31

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No. No, As you a bankrupt. It may still be difficult after you have been discharged as you may not have a credit history

2006-08-01 12:46:31
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Q: Can you finance a car before getting your bankruptcy discharge?
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Related Questions

Can you buy a car after filing bankruptcy before you get a discharge?


Can you buy a car and have it finance before bankruptcy discharged?

Yes, you can buy a car and have it financed before bankruptcy is discharged.

Are accounts after bankruptcy included in bankruptcy?

Any debt that you accumulate before your bankruptcy filing and have listed on your petition will be eliminated when you receive your discharge as long as your creditors do not file an injunction against you. After you receive your discharge you are welcome and able to open new credit accounts but any debt you accumulate will not be considered a part of the bankruptcy you filed before opening the account.

What is the normal time before the discharge from bankruptcy?

A bankrupt is automically discharge from bankrupcy after three years from the date on which the bankrupt filed her or his settlement of affairs.

Can you get an auto loan after filing for bankruptcy but before it is discharged?

Yes, you can get an auto loan before bankruptcy discharge. If you have filed a chapter 13 bankruptcy, you must receive permission from the court trustee. Contact your attorney to begin the process. The court will set limits as to maximum loan amount and monthly payments. DO NOT apply for a loan of any type before getting approval from the court! Doing so could be grounds for dismissal of your bankruptcy, depending on the regulations of your particular court district. If you have filed a chapter 7, there are certain automotive lenders who will finance you after you have attended the (sect. 341) meeting of creditors. However, if you are unable to find one of these lenders, your discharge is usually granted within a few weeks of the 341 meeting and you will be able to purchase then.

Do you know if you go to bankruptcy court do you get discharged when you go there?

A person or persons would need to file for bankruptcy before having any contact with the court and/or bankruptcy trustee. A bankruptcy discharge is what is granted if the filing is deemed valid.

What happens to an incomplete bankruptcy filing if the filer dies before its completion?

The filer has to be in person for the 341 meeting so the bankruptcy would be dismissed. A bankruptcy may still be discharged if they are just waiting on the judge to discharge the bankruptcy.

Can you add a creditor to bankruptcy after you have filed your papers in court?

You can add creditors anytime before the discharge is entered.

Do you get tax refund after bankruptcy discharge?

Depends on if your due a refund to start...and if it was taken from earnings before your filing or after.

What if the debt is incurred after the bankruptcy filing but before the bankruptcy discharge?

When an individual files for bankruptcy, he/she must list down all the creditors and debts that they have. If the bankruptcy has already been filed and the individual has incurred new debt but has not yet been discharged by bankruptcy, that new debt is not included in the bankruptcy discharge. For an official opinion, it is advised you seek legal counsel. It is really important to seek legal advice from the expert about filing for bankruptcy.

How long after filing bankruptcy is it discharged?

After you go to court and meet with the bankruptcy trustees, it should only take about 60-90 days to discharge all debts. You have to take the pre-discharge debt managemnt class first before any debt is discharged because the bankruptcy laws have changed.

Can you add your mortgage to your bankruptcy before a discharge?

First of all, you must list ALL of your debts, assets, income and expenses. But you won't receive a discharge of your mortage. Your mortgage lien survives the bankruptcy. A mortgage can be included in a discharge, only if you have a lot of equity the trustee will attempt to sale the property to pay your creditors. Otherwise the home will be considered a Foreclosure in a Lieu to Bankruptcy in the state of Georgia. Check your state law on bankruptcy each different may have different laws regarding bankruptcy.

What are the symptoms before getting periods?

Discharge, cramps and pain.

Can you take money out of your 401k after you file bankruptcy?

Yes, but not until your discharge. If you take money out of a 401K after you file and before discharge, the money is no longer exempt and could be taken by the Trustee. If you take it out after your discharge the money is yours.

When can you refile bankruptcy after a previous bankruptcy discharge?

Under the Bankrputcy Abuse and Consumer Protection Act of 1995, an eight year period must go by before a person is allowed to file for chapter 7 bankruptcy again.

What happens to a corporation after a bankruptcy discharge?

Partnerships and corporations must liquidate under state law before or on completion of the proceeding.

If you filed for bankruptcy and originally were going to keep a car and signed a reaffirmation agreement can you change your mind and turn it in under the bankruptcy before the discharge is signed?

Yes, contact your attorney IMMEDIATELY!

Is a discharge the same as a dismissal in chapter 13 bankruptcy?

No. If the bankruptcy is dismissed, it ended before it was completed, very likely before discharge, although sometimes and objection to discharge is filed after something happens to make the discharge voidable by the court (trustee finds unlisted assets, for example). A discharge is essentially a permanent restraining order prohibiting any creditor from trying to collect a debt from the debtor, unless specifically exempted (child support arrears, some taxes, student loans, etc.).

When can you file for bankruptcy after you have did bankruptcy?

That depends on your situation. If you have filed but not received discharge of debt, then you may refile immediately. If you filed for chapter 7 and received discharge of debt, then you can file eight years after discharge date for chapter 7. If filed under chapter 13 and received discharge of debt, can refile after two years for same chapter 13. If the first bankruptcy, C. 7, was dismissed for cause, you have to wait 180 days before refiling. If you file a C. 7 and get a discharge, you can file a C, 13 immediately after the 7 is closed, called a "Chapter 20" by bankruptcy lawyers who know what they are talking about.

Does dischard count as a period?

no. discharge is a sign that you will be getting your period soon. you will get discharge before your period and maybe even after it.

Which bankruptcy removes federal taxes?

Federal income tax can sometimes be discharged in a bankruptcy, but there are several rules that apply. Only one example is, federal taxes must be at least three years in arrears before qualifying for bankruptcy discharge.

Does buying a new car with an open bankruptcy affect your bankruptcy?

If you filed a Chapter 7 bankruptcy and buy a car before the discharge is issued, there's no impact on your case. If you're in Chapter 13, however, your disposable income post-filing until discharge may be considered property of the estate; in addition, if you're financing the new car then you likely need to have the court's permission before entering into the financing agreement.

Can you receive a lump sum pension after a chapter 7 bankruptcy?

If you exempted it in full, yes. If you did not exempt it, and you knew before you filed that you would be getting it, you have committed a fraud on the court and perjury. If you were entitled to receive it before or within 180 days after the bankruptcy (chapter 7) was closed or you got your discharge, it goes to the trustee. If you did not know you were entitled to or going to receive this money before or during or within 180 days after the discharge, and you got it more than 180 days after discharge, yes, you can. Some pensions are exempt under state or federal law, so consult a local attorney if you are not sure.

Could creditors claim from a deceased estate if bankruptcy of the recently deceased occured 20 years ago?

The events from before the bankruptcy filing or discharge make no difference to anything incurred after. It is not a lifetime forgiveness!

Do you have to wait for your discharge papers before you apply for anything when you file bankruptcy?

You can apply for anything you want, you most likely won't get it however until the discharge is listed on the court docket and your credit report is updated.