0
Well I did, so yes you can. Think about it - it's cash, you can buy anything with enough of it.
If you needed a loan - forget it.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Do you have to repay everything when filing Chapter 13 BK?
The amount you pay in Chapter 13 bankruptcy depends on your state. In general, you will not have to pay all the debt you owe.
What is chapter 13?
It's a chapter of bankruptcy. It allows the person that is filing to keep their property. The person that has filed will pay back their debts over a three to five year period.
How soon after bankruptcy can you buy a car loan?
As soon as you get the cash to pay for it
What's the cash deposit limit that will have to be reported to the government?
if you buy a car and pay cash will the dealership report the transaction to the government?
If you owe a thousand dollars to chapter 13 but are behind paying what will happen if you do not pay?
The trustee/bankruptcy court can dismiss the chapter 13. Creditors would then be able to pursue collection including filing a lawsuit.
Can you pay cash for a car?
of course u can pay cash for a car
Will I lose my car in Florida filing chapter 7?
As long as you continue to pay your car note, PROBABLY not. Do not, fall behind on your payments though, ot it WILL be re-possessed.
Will filing chapter 7 save a home?
No. You still have to pay the mortgage.
Do you have to pay off mortgage arrears prior to chapter 7 filing?
no
Can you keep your paid off can worth 12000.00 and IRA when filing bankruptcy?
Not if its a chapter 7 BK; there is too much equity (value) in the car (since most vehicle exemptions are about $3,000 or lower. If filing chapter 13, it might be possible to keep the car. But if its a chapter 7, it is highly likely that the car would be seized and sold off by the BK trustee to pay off your creditors, or make you pay the difference between the car value and car exemption. (and before you ask- NO, do NOT sell your car to friends/family/neighbors, etc... for a $1)
Is it better to pay cash when buying a car?
When you pay cash your interest payment iszero , its always better to pay cash
Do you have to repay everything when filing Chapter 13 BK?
The amount you pay in Chapter 13 bankruptcy depends on your state. In general, you will not have to pay all the debt you owe.
How do I buy a car for cash in ny state?
You find a car for sale, you get the cash, and you pay for it.
Will filing of a chapter 13 bankruptcy prevent Auto car repossession in new york state?
Yes, at least for a short time. But you will have to pay what you missed and borrowed in order to keep it.
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.
Does a debtor still have to pay child support under chapter 7?
YES! Child support can not be removed even when filing Chapter 7.
If you gave up a car in chapter 13 will you have to pay for it if the chapter 13 is dimissed?
if your chapter 13 gets dismissed can you buy a car
