To the first question: Yes. You can buy a car even on the date you file Chapter 7. About the second question: Yes, you can get a car loan after filing Chapter 7. But, you have to be realistic. You have to show a lender that you can repay the loan back. The purpose of […]
Can I Buy a Car After I File Chapter 7 Bankruptcy Read Post »
Automobile Bankruptcy Car Chapter 7 VideoMore Detail Pay Advises Social Security Driver’s License Debts Assets Tax Returns Credit Counseling (Cases Cannot Be Filed without A Credit Counseling Certificate)
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Bankruptcy Chapter 13 Chapter 7 Documents VideoHere is a typical problem many good folks have. John Q (or it could be Mary Doe) has a lot of credit card debt: $20,000, $30,00, $40,000, or some other amount. John also has medical debt. John can’t keep up with payments. After doing the best he can, he is broke. He doesn’t have any
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Bankruptcy Chapter 7 Credit Score VideoPeople call me frequently who have a real need to file Chapter 7 bankruptcy but are hesitant. Why? Cars. People are afraid they will lose their cars even though they are up to date on their car notes. There is no need to worry. Finance companies want your money, not your car. When you file
Can I buy a car after I file Chapter 7 Read Post »
Bankruptcy Buying a Car Car Chapter 7 VideoThe simple answer is “Yes.” After filing Chapter 7, you can buy anything you want. The real question is, “Can I get a mortgage?” To initially qualify for a mortgage, you must wait. (The above starts from the discharge date, not the filing date.) The higher your credit score; the more of a downpayment;
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Bankruptcy Chapter 7 Video