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What else can I help you with?
How long after chapter 7 bankruptcy can you buy a new-used car?
The day you get your discharge paper. I do caution against that because ANY bad mark after a bankruptcy is taboo and you will not be able to finance anything for a long time.
Can you get a car loan before chapter 7 discharge?
No. And if someone wants to give you one, run away from that dealer.
Can you sell your car and payoff the loan after filing chapter 7 before the discharge?
You should be able to do so, yes.
If your wife is granted chapter 7 and both of your incomes were on the chapter 7 can they make you pay the car loan?
I'm not clear what you mean by "both of your incomes". But it seems your saying your wife was he only one who C-7, which means received discharge of debt. Hence, if you were on the loan, it would seem you are still responsible for the loan.
How soon after chapter 7 bankruptcy can you buy a new car?
The day you get your discharge paper. I do caution against that because ANY bad mark after a bankruptcy is taboo and you will not be able to finance anything for a long time.
How long after a chapter 7 bankruptcy can someone get a car lease?
You can get a car lease immediately after filing for Chapter 7 bankruptcy. Since it would be a post-petition debt, there is no waiting period provided that you qualify income wise. Some lenders may require you to have a discharge, however, it is not required under the law to lease post-filing.
When can you sell your car after chapter 7 bankruptcy discharge?
Yes you can. But if there is still a lienholder- the sale price must cover the entire lien amount.
If you co-signed on a car and file bankrucy what will happen?
It is a little tricky. since the answer depends in part on how long ago the car was bought. whether it's a Chapter 13 or 7, and in some cases, state law If you surrender the property in a Chapter 7 and the other signatory is current on payments, you will probably get your discharge. Consult an experienced local bankruptcy lawyer.
Does buying a new car with an open bankruptcy affect your bankruptcy?
If you filed a Chapter 7 bankruptcy and buy a car before the discharge is issued, there's no impact on your case. If you're in Chapter 13, however, your disposable income post-filing until discharge may be considered property of the estate; in addition, if you're financing the new car then you likely need to have the court's permission before entering into the financing agreement.
Will you lose your car in NY after filing chapter 7?
If a car is leased, you can keep it as long as you are paying it on time.
Can you discharge your car in bankruptcy?
You can't discharge a car or any other asset. You can only discharge a debt (money owed).
How soon after filing bankruptcy can you buy a car?
Within days after your discharge. You will have to find one of those dealers that arrange financing, and you will pay a high interest, but it can be done. You cannot do it after filing but before discharge, except in a chapter 13, with permission of the court.
