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Yes, you can get a car loan after bankruptcy. But because of the financial hardships that often lead to bankruptcy, lenders who do approve you will almost certainly charge a high interest rate.
Key takeaways. Chapter 7 bankruptcy may allow you to exempt your vehicle if its value is under the exemption limit. The federal bankruptcy exemption limit is $4,450 until 2025, but it can vary by ...
If you're considering loans after bankruptcy, expect to wait at least a year or two before qualifying for traditional loans. When you're going through bankruptcy, applying for a loan might be the ...
If you want to avoid filing for bankruptcy but get a better handle on your debt, you have some options. Alternatives to bankruptcy include debt consolidation loans, debt settlement or debt relief ...
Loans, medical debt and credit card debt are generally all able to be discharged through bankruptcy. Tax debt, alimony, spousal or child support and student loans are all typically ineligible for ...
Discharge options: You could get your loans discharged in the event of death, permanent disability or — very rarely — bankruptcy. You can’t have a defaulted loan forgiven, but defaulted ...
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