Question by Melissa J: How long after filling chapter 7 bankruptcy will i need to wait to buy a car?
We just filed chapter 7 bankruptcy and it will be discharged soon. We are in need of a new car, but when we stopped by to talk with the finance manager at a car lot he said we would have to wait 6 months before any of the banks would touch us. Is this true? Has anyone bought a car soon after they were discharged? Thanks for your answers!
Best answer:
Answer by jessicait can vary based on your specific situation. I filed and had to start by rebuilding my credit with a secured credit card. i think 6 months is a little too hopeful unless you have a big income and the worse your credit
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