If I understand your question correctly the person you are speaking with is probably correct. After filing a bankruptcy it will be difficult to get financing for the first couple of years. They may deny your loan on the vehicle if you file bankruptcy first. It may be a better option to finance the purchase of a reasonable vehicle (with low monthly payments) first and then file the bankruptcy. You need to be sure to discuss this with your lawyer because you may have a situation that calls for a different response but generally speaking, it is a good idea to finance your purchases first.
Terry DuncanBankruptcy Attorney in Charlotte, NC
Duncan Law, PLLC4801 E. Independence Blvd.Suite 1100Charlotte, NC 28212(704) 563-1224http://www.DuncanLawOnline.com
Answered on Mar 01st, 2012 at 10:45 AM