File for bankruptcy and then try and start over. Your credit will be messed up though.
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
In a rough market such as this one, you can't!
There are several reasons on why a finance company will not finance someone. the main reason is a repossession after a bankruptcy. Another main reason is the "lender" sees that you are about to file bankruptcy or they find out you are about to. It is very hard to finance based on cost and mobility. Sometime a mortgage is easier to get because you cannot move a house to the opposite coast overnight. Those are just a few reasons on why a finance company might not finance you.
Finance public works programs
If you owe a finance company for it, they may reposess the motorcycle.
December 17, 2002
Car lots are a great place to go for advice on how to finance a car after bankruptcy. They know the best lenders for you to work with to get your credit built back up.
Charles Price has written: 'Life after bankruptcy' -- subject(s): Bankruptcy, Consumer credit, Personal Finance
Nancy Trejos has written: 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy
That is part of the problem of using the bankruptcy laws. Afterward, lenders consider you to be a high risk and as such charge you more for a loan.
"No GE finance is not going bankrupt. A few years ago GE finance was close to bankruptcy, but they were able to reverse course and continue to thrive as a business."
A. Charlene Sullivan has written: 'Sales finance companies' -- subject(s): Consumer credit, Sales finance companies 'Consumer finance companies' -- subject(s): Consumer credit, Consumer finance companies, Debtor and creditor, Usury laws 'Social efficiency of the Bankruptcy Reform Act of 1978 with regard to personal bankruptcy' -- subject(s): Bankruptcy 'Commercial banks--CRC 1979 creditors survey' -- subject(s): Bank loans, Consumer credit