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.