Car loan during chapter 7? Ugh!!!

[jsparkles]

Of all times for this to happen...
I rear-ended somebody the other day and dented my car pretty bad. I am still waiting to hear from the insurance company, but I think they might just total it out. It's not worth very much, and it they might not want to repair it.

Anyways, I might need to buy a car. Is there any place who would be willing to even consider giving us a loan (probably around $7,000), or are we just out of luck at the moment? Our discharge date is the 30th of this month.

[djransom]

Of all times for this to happen...
I rear-ended somebody the other day and dented my car pretty bad. I am still waiting to hear from the insurance company, but I think they might just total it out. It's not worth very much, and it they might not want to repair it.

Anyways, I might need to buy a car. Is there any place who would be willing to even consider giving us a loan (probably around $7,000), or are we just out of luck at the moment? Our discharge date is the 30th of this month.

Believe it or not you will be able to find someone for a loan considering how close you are to discharge. Just prepare for a high interest rate fresh off a 7. Good luck.

[AngelinaCatHub]

Of all times for this to happen...
I rear-ended somebody the other day and dented my car pretty bad. I am still waiting to hear from the insurance company, but I think they might just total it out. It's not worth very much, and it they might not want to repair it.

Anyways, I might need to buy a car. Is there any place who would be willing to even consider giving us a loan (probably around $7,000), or are we just out of luck at the moment? Our discharge date is the 30th of this month.

If it is drivable, and you can hold out till discharge, you can do what you wish. Now there are some nice cars far less than what you wish to spend. I purchased an old police car for 800 and drove it for four years with only 300 total upkeep not counting oil changes. It ran well till we gave it away and it was destroyed (not going there).

You can do with a beater, and your car is worth something if it moves at all. Take it to the junkyard for steel weight if nothing more. You will get 2 or 3 hundred. Or strip it for eBay parts.

If your car is insured and totaled you will get something for it. Buy it back for junk. They may be willing. Don't go immediately into debt. Bad new start. 'Hub

[AngelinaCatHub]

PLEASE do not start the same thread in two different forum groups. It is against the rules and is confusing. You will get the same service with one thread. 'Hub

[LadyInTheRed]

PLEASE do not start the same thread in two different forum groups. It is against the rules and is confusing. You will get the same service with one thread. 'Hub

What he said.

I merged the threads.