Filing for chapter 13 bankruptcy does not limit you from buying a car. Your credit will be affected in this may affect your ability to acquire credit to purchase a car, but you are not barred from using credit after you file for bankruptcy. Depending on your particular situation and what proactive steps you take to repair your credit after you receive your bankruptcy discharge, will determine when you can obtain credit again. But filing chapter 7 or chapter 13 bankruptcy does not forbid you from obtaining credit.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://www.fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147
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Answered on Nov 18th, 2014 at 7:15 AM