No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Yes, you can cosign a car loan after bankruptcy, but it may be more challenging. Lenders typically assess the creditworthiness of both the primary borrower and the cosigner, and your bankruptcy could impact their decision. It's crucial to demonstrate improved financial responsibility post-bankruptcy to increase the chances of approval. Additionally, be aware that cosigning makes you liable for the loan if the primary borrower defaults.
I am unable to cosign a car lease for you.
You will need permission from the trustee before doing anything financial while in chapter 13 bankruptcy. You will have already signed paperwork agreeing to full disclosure with your trustee when you filed.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
When you donate a car after bankruptcy this means you are giving a property that you owned. Well, that's okay but not the right choice specially in times like this. Consult Atty Jeffrey Cancilla, he can help you deal with your problem.
Yes, you can cosign a car loan after bankruptcy, but it may be more challenging. Lenders typically assess the creditworthiness of both the primary borrower and the cosigner, and your bankruptcy could impact their decision. It's crucial to demonstrate improved financial responsibility post-bankruptcy to increase the chances of approval. Additionally, be aware that cosigning makes you liable for the loan if the primary borrower defaults.
I am unable to cosign a car lease for you.
While in a Chapter 13, all major financial transactions need the approval of the bankruptcy trustee.
how many times can someone cosign a car
You will need permission from the trustee before doing anything financial while in chapter 13 bankruptcy. You will have already signed paperwork agreeing to full disclosure with your trustee when you filed.
No.
Yes
Each states bankruptcy Laws are different. But in most cases if you co-sign and the loans does not get paid your credit can go down the tubes also.