Search results
Results from the WOW.Com Content Network
But just because it's possible to take out a car loan after bankruptcy doesn't mean you should. A car is a major purchase, and most people who file for bankruptcy aren't in the best place financially.
Chapter 13 bankruptcy does not put your vehicle at risk, and you will continue to make payments under a modified loan agreement. If you are behind on your auto loan, you may be able to reaffirm or ...
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
This is one of the most common types of forms filed with the SEC. After a significant event like bankruptcy or departure of a CEO, a public company generally must file a Current Report on Form 8-K within four business days to provide an update to previously filed quarterly reports on Form 10-Q and/or Annual Reports on Form 10-K.
On the June 1, 2009, General Motors filed for Chapter 11 bankruptcy after failing to successfully negotiate deals with bond holders. On the day the application was made, General Motors was largely a nationalized institution (the U.S. government owning 60% and the Canadian 12.5%), the remaining private stakes mainly being owned by employees.
After bankruptcy, you must reestablish your credit profile, build good credit and manage your cash flow efficiently to avoid falling down the same pitfalls that lead to your initial bankruptcy filing.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
For premium support please call: 800-290-4726 more ways to reach us