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Is it possible to get an auto loan with no down payment four months after bankruptcy is final?
Wiki User
∙ 19y ago
It's certainly possible since the Bankruptcy Code doesn't forbid it. The trick, I suppose, is finding a lender willing to let you do it. In Indiana, there are several buy-here pay-here companies who finance people right after bankruptcy, but I believe the terms aren't great (i.e. they pay about twice what the car is worth and then high interest rates on top of that). In Indiana, it is usually better to wait 12 or 15 months after the case is over so the terms start becoming more reasonable. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
Wiki User
∙ 19y ago
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If you filed bankruptcy and it was final and a reaffirmation agreement was signed but discharged by the courts you have always been current on your car payment can you keep the car and continue paying?
Long as you put it in your reaffirmation so that it will not be part of your bankruptcy you will be able to keep it. Same thing as with a house. Just as long as it was part of the agreement that it was not included in your bankruptcy then you are o.k.
What does it mean when Final payment is written on a check?
When final payment is written on a check, it means in the debtor's eyes, this is the final payment. Other than that, it is not a legally binding statement and they may still owe money and money can be collected from them.
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What terms refers to a large final payment due to the end of a loan?
Balloon payment
What is consent of surety final payment from bond?
The consent of surety to final payment is issued by the surety company at the end of a project. The consent states that the owner reserves their right under the bond and the surety company agrees the final payment will not relieve them of any of its obligations.
If you have filed bankruptcy and it has not been final for a year yet is it possible to get a new mortgage?
You can refinance even a day out of bankruptcy. Every situation is different but the main criteria are the type of bankruptcy, your credit score, amount of equity available, how you've paid your bills since the bankruptcy and time in bankruptcy.
Does the bankruptcy court notify you when the bankruptcy is final and legally discharged?
No. The lawyer does.
If you file a bankruptcy petition does that change the status of a debt on a judgment to the creditor?
A judgment is final and does not change. The creditor was awarded and filing bankruptcy is a different issue. Also state laws vary. A petition in bankruptcy lists the debtor's assets, liabilities, and debts so that a realistic arrangement for the payment of creditors can be devised.
If you filed bankruptcy and it was final and a reaffirmation agreement was signed but discharged by the courts you have always been current on your car payment can you keep the car and continue paying?
Long as you put it in your reaffirmation so that it will not be part of your bankruptcy you will be able to keep it. Same thing as with a house. Just as long as it was part of the agreement that it was not included in your bankruptcy then you are o.k.
You paid 11.75 over the regular price of 470 for a stereo system because of financing them for 2 months What was the annualized rate of interest you paid for the stereo?
If there was no partial payment before the final payment, your interest rate was (11.5/470)(100)(12 months/2 months) = 14.68 %.
Can you sue the repo man if he takes the truck after you filed bankruptcy?
(A): "Can you sue the repo man if he takes your truck after you filed bankruptcy?" (B): The answer is "No". The truck is the property of the dealer, or finance company, until your final payment to them is made, and the receiver in bankruptcy may not seize property of which title belongs to a second party (dealer or finance company). Chris
Can you trade your car before your bankruptcy is final?
I think you can :-)
What are the release dates for Final Payment - 2012?
Final Payment - 2012 was released on: USA: 12 August 2012 (Festival)
What does it mean when Final payment is written on a check?
When final payment is written on a check, it means in the debtor's eyes, this is the final payment. Other than that, it is not a legally binding statement and they may still owe money and money can be collected from them.
Can you get a job before your bankruptcy is final?
Sue. I should think that is preferred.
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What terms refers to a large final payment due to the end of a loan?
Balloon payment
