Answers.com > Wiki Answers > Categories > Uncategorized > Can you get a used car loan if you recently filed for bankruptcy?

Can you get a used car loan if you recently filed for bankruptcy?

In: Uncategorized [Edit categories]

Answer:

You are going to need approval from the trustee handling your finances, but you can get a used car loan if you recently filed for bankruptcy. There will be drawbacks though: e.g. the interest rate and insurance rate will be significantly higher.

First answer by Answers Publishing Network. Last edit by Answers Publishing Network. Contributor trust: 96 [recommend contributor ]. Question popularity: 1 [recommend question].

[report abuse]

Relevant answers:

Will bankruptcy affect your car that is being used to secure a loan?
As long as you keep making the loan payments the creditor wont care if you declare bankruptcy. If doing a cram-down in a chapter 13, the lender would have to accept the current value of the car.
Can you get a car loan after you file bankruptcy?
Absolutely, and many other secured items as well.
Can you get a car loan if your bankruptcy was dismissed?
yes you can because i said so
Can a student loan be filed in bankruptcy?
No you can not but if you own the school it's self money that was due to classes or books you could file on that portion alone I have done that
What are the benefits of used car loans?
This is one of the best financing options available. The outstanding balance will decrease as soon as a fixed period of time ends and the entire amount is paid back quickly.

Can you get a used car loan if you recently filed for bankruptcy?

Relevant answers:

Related ads:

Related videos:

Home

Answer these

Featured guides

Site

Company

Community

Updates

International sites