cars  legal  time


Question by  andegwa (26)

How long after filing bankruptcy can you buy a car?


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.


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.


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.

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