Debt and Bankruptcy

How do you buy a car after bankruptcy?

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2012-08-13 23:56:50
2012-08-13 23:56:50

It will probably be at least 2 years before you will be able to finance a car. More than likely , you won't be able to finance a new car unless you have a VERY LARGE down payment (at least half of the sticker price. Expect to pay very high interest on the loan. You can do it but it will cost you.

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Related Questions


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


If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.


The day you are discharged you can buy a car. You need to take proof that you are discharged.


As soon as you get the cash to pay for it


Yes, but you would need court permission.


You can buy a car right after you get your discharge papers. Most Car Dealers offer special programs for Bankruptcy Discharges.


any car you have it has to be added to your bankruptcy but you get to keep it, as long as you don't go out and buy a brand new car then file , that wont work they wont put that on you will have to pay for it


If you buy a used car with cash before filing a chapter 7 bankruptcy, How long do you need in between purchase and filing to keep the vehicle if the vehicle meets exemption in a state?


Dismissed or completed? If it were dismissed, your credit report will show that you filed for bankruptcy. Obviously, if you filed bankruptcy your credit is not great. You certainly can buy a car for cash. Finding someone to lend you money; or getting a loan will be more difficult.


Can you file bankruptcy if you caused a car accident?


Only if you don't report it to the court handling the case.


If you have good enough credit you can theoretically buy a car at any time. However going bankrupt pretty much destroys your credit, but you still my find a dealer willing to sell a car to you.


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.


While in a Chapter 13 debt repayment bankruptcy, you must consult the bankruptcy trustee before engaging in a major financial transaction, such as the purchase of a vehicle.


You are normally allowed to keep the house you are living in and one car in a bankruptcy.


if the consigner files bankruptcy can the borrower take the car


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


go to a buy here pay here car lot with a nice down payment you will get a car. BUT ask your trustee for permission.


After Chapter 7 bankruptcy has been Discharge can buy a home


The day you get your discharge paper. I do caution against that because ANY bad mark after a bankruptcy is taboo and you will not be able to finance anything for a long time.


how can I get a title for a car that waS in bankeuptcy in kansas


If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.


In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy


I hate to break it to you but in my opinion you can not afford to buy a motorcycle if you are in bankruptcy unless you have cash saved up.


You should deliver the car to the dealership when the bankruptcy is signed. Clean it up and deliver it in good shape. Ask for a receipt.



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