Bankruptcy

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.

If a consumer is behind on their car payments and in danger of having their vehicle repossessed, they may opt for Chapter 13 bankruptcy.

When you began your Chapter 13 repayment plan, you made the commitment to repay a portion of your debt and get your finances back on track. But now, you find yourself in a position where you need to take on new debt.

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