legal
 

 cars  legal  time







 

Question by  andegwa (26)

How long after filing bankruptcy can you buy a car?

 
+6

Answer by  patti (29325)

Talk to the attorney who filed the bankruptcy. There are different types of bankruptcy, and the court may impose various restrictions.

 
+5

Answer by  LadyLawyer (325)

As soon as they will let you. Obviously, you wouldn't be able to pay cash over $1,000 or the Trustee would think you had been holding out assets.

 
+5

Answer by  mediajunkie (592)

If you don't need a loan to buy a car, you can buy one even if you've filed for bankruptcy. If you need a loan, bankruptcy takes 7 years to get off your credit report. During that time you should repay all debts before qualifying for a car loan.

 
You have 50 words left!