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If you need to file for bankruptcy you have likely had the nightmares of your family being left broke and with all of your assets being Chapter 7 Bankruptcy: Fresh Start or Financial Freefall? Expert Advice to Navigate Your New Reality While a bankruptcy can impact your credit score and make securing a loan more challenging, it's absolutely possible to buy a car after filing.
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Can I keep my Car in a Bankruptcy? Any loan balance you owe will get discharged in the Chapter 7 case. You can turn in a leased car and not be liable for further payments or other charges, as
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To add, 15% post bankruptcy is pretty good considering the principle of your loan is 21 meaning after year of positive credit reporting you can So, yea you can get credit cards, personal loans, car loans, etc. Really the only exception is a mortgage (will have to a wait few years for In this video, Brian debunks the myth that you can't get a car after filing for Chapter 7 bankruptcy. He explains that with the right
Buying a car after bankruptcy might sound impossible—but it's not. Join us as we visit Ash Auto Group in Phoenix, Arizona, the