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Here are a few ways you can qualify for a car loan after bankruptcy: Work with a Subprime Lender Subprime lenders work with borrowers who have low credit or have filed for bankruptcy.
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 ...
Financial expert Dave Ramsey has a straightforward answer: only buy what you can pay for in cash. This principle could save you thousands and help you avoid the trap of long-term debt.
Taking on too much debt can put you on the fast-track to bankruptcy. In 2023, the number of non-business bankruptcies in the U.S. rose to roughly 434,000, marking a 16% increase over the previous ...
Trying to get a car with bad credit? If you have a low FICO score, it won't necessarily dash your hopes. It just means you'll probably be charged a higher interest rate on your car loan. See: 10 ...
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Filing for bankruptcy, while helpful for some, can have a variety of serious and long-term implications. Not only will you see a credit score drop of up to 200 points, but the bankruptcy will stay ...
When you file for Chapter 7 bankruptcy, many of your assets (like your home or car) are sold to pay off as much of your debt as possible. The rest of your debt is then discharged.
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