Bankruptcy

Financing your first vehicle after a Chapter 7 bankruptcy can be a little intimidating. Don't worry. Bankruptcy is more common than you might think, and so are post-bankruptcy car loans. We can also provide you with some tips on how to get approved for auto financing after Chapter 7 bankruptcy.

Whether or not you get to keep your car during a bankruptcy depends on the type of bankruptcy you file. You run less of a risk of losing your vehicle in a Chapter 13 bankruptcy than you do in a Chapter 7, but it's still possible to exempt your car in a Chapter 7 bankruptcy in some cases.

Many subprime auto lenders are willing to work with car buyers in an open Chapter 13 bankruptcy. In order to buy a car during a Chapter 13, you need to follow three specific steps to get the court's approval.

There are key differences between a Chapter 7 bankruptcy and a Chapter 13 bankruptcy that affect which one you should file.

If you have a bankruptcy on your credit report, it can affect your car buying experience. Depending on whether your bankruptcy is open or closed, it changes the way you need to approach the process.

Picking the right bankruptcy for you can depend on multiple factors, including income, debts, assets and financial goals. So, what’s the difference between the two, and which is correct for your situation?

Filing for bankruptcy should be a last resort option. There’s a lot to consider when filing, such as whether a Chapter 7 or Chapter 13 bankruptcy is right for you. But there are some important tips to follow before you get to that point.

If you’ve recently filed for bankruptcy, you may be wondering what’ll happen to your leased vehicle. The good news is there are options to pick from, the bad news is leasing post-bankruptcy may not be quite as easy.

You can finance a car while in a Chapter 13 bankruptcy, but you need to get approved with a dealer and the court first.

A past bankruptcy makes it more difficult to finance a vehicle in the future, but there are ways to get approved.