How hard is it to get a new car loan after a bankruptcy repossessed car has been taken?
I have friends that have had cars repoed and they and went
bankruped and got a car,new in less than a year. I guess they
figure you owe no one any money and they have 7-20 years before you
can file again. It's not hard at all. The only thing is you will
pay a higher interest rate. But you can still get a brand new car.
Just make sure you can make the payments and try to pay it off
early. That's a way also of starting up a new line of credit.