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How do you buy a car after bankruptcy?

Updated: 8/17/2019
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11y ago

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It will probably be at least 2 years before you will be able to finance a car. More than likely , you won't be able to finance a new car unless you have a VERY LARGE down payment (at least half of the sticker price. Expect to pay very high interest on the loan. You can do it but it will cost you.

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11y ago
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Q: How do you buy a car after bankruptcy?
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Related questions

What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?

If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.


How soon after a chapter 7 bankruptcy can you buy a car?

The day you are discharged you can buy a car. You need to take proof that you are discharged.


How soon after bankruptcy can you buy a car loan?

As soon as you get the cash to pay for it


Can you buy a car under bankruptcy?

Yes, but you would need court permission.


Where can you buy a car if you are bankrupt?

Most new car dealerships have a secondary department that specializes in bankruptcy's. I know mine does.


What vehicles can be kept in a bankruptcy?

any car you have it has to be added to your bankruptcy but you get to keep it, as long as you don't go out and buy a brand new car then file , that wont work they wont put that on you will have to pay for it


Can you buy a car after chapter 13 dismissed?

Dismissed or completed? If it were dismissed, your credit report will show that you filed for bankruptcy. Obviously, if you filed bankruptcy your credit is not great. You certainly can buy a car for cash. Finding someone to lend you money; or getting a loan will be more difficult.


Can you file bankruptcy if you caused a car accident?

Can you file bankruptcy if you caused a car accident?


What happens if you wreck your car after filing for Chapter 13 bankruptcy?

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.


How do you get a car loan with an open bankruptcy a total loss car and no co-signer?

go to a buy here pay here car lot with a nice down payment you will get a car. BUT ask your trustee for permission.


Can I keep my house and car out of a bankruptcy?

You are normally allowed to keep the house you are living in and one car in a bankruptcy.


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.