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Buying A Car After Chapter 7. Those who have just recently completed a ch. The ripple effects of chapter 7 or chapter 13 bankruptcy will last for months and years, and you probably will not be able to wait until you have “recovered” to get a used or new car.
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The timing for how soon you can buy a car depends on several factors, but most people should wait about a year if you can. We specialize in providing real solutions for car buyers with bad credit or no credit, and the fact that you’ve filed for bankruptcy shouldn’t keep you. You may have more money to buy a car after your bankruptcy.
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You are not paying old creditors. In general, there are two ways you can purchase a vehicle: Wondering if you can buy a car after chapter 7 bankruptcy? Once it’s discharged, your debt to income ratio.