How long to wait after filing chapter 7 to buy another vehicle after you voluntarily turned in your current vehicle?
You can buy as soon as you can afford it.
If you expect to get a loan to do so, you may have trouble finding a loan company to do it.
The majority of Chapter 7 filings are no asset cases, meaning the debtor has no assets that cannot be exempted. The parties involved very rarely forfeit their home (except voluntarily) and are usually allowed to keep at least one vehicle. The deciding factor is if the homestead and vehicle exemptions are high enough to protect the property, and the lender's willingness to reaffirm the loans against the secured property.
If your vehicle was listed in your Chapter 7 bankruptcy almost a year ago and the bankruptcy has been discharged and you are current on your payments can you still turn it in?
Even if you are current with your car payments should you give back my automobile during chapter 13 bankruptcy?
The simple answer is no. If you are current on your car note, then this is not the issue that lead to the bankruptcy. That you are paying it current may have contributed to your financial situation, but on the surface it is not a reason to surrender the vehicle. Either do not list it or reaffirm it with the lender.
2 factors: 1. Are you current on your payments? - if you are not current on your payments the creditor will most certainly repossess your vehicle. however you will not be liable for any deficiency amount. 2. Who is the creditor? - Most creditors will gladly continue to accept payments on the vehicle and not repossess it. however some creditors such as Ford Motor company will repossess regardless of whether or not you are current.