Getting approved for a car loan with imperfect credit can be stressful. The good news is you don't need perfect credit to get the car you need. At Drivers Lane, we specialize in connecting car buyers with local dealerships in or near Sierra Vista that are ready to help them get the financing they need. Get started today by filling out our free and easy auto loan request form.
The process of bankruptcy, and waiting for it to be discharged can be stressful. It can get even more stressful if you lose your car during bankruptcy, especially considering your credit score will take a hit after filing.
You'll either file a Chapter 7 or Chapter 13 bankruptcy. A Chapter 7 bankruptcy is a liquidation bankruptcy that removes all of your unsecured debts, and a Chapter 13 bankruptcy is a reorganization bankruptcy that uses a repayment plan to pay off your debt. Your income will determine which bankruptcy you qualify for, but regardless of the type of bankruptcy you file, you can expect your credit score to drop.
While it's possible to get an auto loan during bankruptcy, most lenders around the country and in Sierra Vista, will look to see if you've been discharged before considering financing you. Once you've been discharged, you'll still need to get connected to a dealership that works with car buyers dealing with bankruptcy. You can start with us at Drivers Lane by filling out our auto loan request form, and we'll get started on connecting you to a special finance dealer in or near Sierra Vista.