0
One may buy a car after declaring bankruptcy by first re-establishing a credit rating. One may do this by first paying all of your bills on time, including rent and utilities. One should also not close down any accounts until one's complete financial circumstances are established. If one needs to seek credit counseling to do this, that's a good strategy for one to pursue.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What are the ten steps to buying a used car?
The ten steps to buying a used car are find out how much you can afford, which car is right for the individual, the car's value, contacting the seller, getting a history report, conducting a walk-around, going on a test drive, negotiation of price, and other smaller steps. These steps are essential in getting the best deal.
If you purchased a new car that used to be a rental and traded in your old car that you still owed money on how can you get out of it?
file bankruptcy. you owe the bank money. how does buying a new car change that?
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.
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.
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.
What if happens if you cosigned for car loan and the borrower files for bankruptcy?
if the consigner files bankruptcy can the borrower take the car
Does having a car in repo effect filing for bankruptcy?
No - having had a car that was re-possessed will not affect the filing of a Bankruptcy.
Is springair mattress in bankruptcy?
yes but i heard another company is buying them out
How difficult is it to get a car loan after being discharged from chapter 13 bankruptcy?
It's fairly easy to buy a nice used car after you've been discharged from bankruptcy; there are companies that send mailings to these people offering them car loans. You'll pay a high rate of interest,though. Buying a nsw car or leasing a car tends to be more difficult, but if you have an income adequate to pay off the loan, you may be able to get those, too.
Can you get a title for a bankruptcy car?
how can I get a title for a car that waS in bankeuptcy in kansas
Can you get your car back after a repossession if you file chapter 13 bankruptcy?
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
