How long will it be before I can buy a car after bankruptcy?

car lotSome debtors are concerned that they will not be able to purchase a car after filing Chapter 7 bankruptcy; however, it is much easier now to do that than in years past.  While you should not buy a car until after your bankruptcy is completed and the case has been closed, purchasing a car after your bankruptcy case is closed is now a good possibility.  Because of a variety of reasons (i.e. car lots have more cars in inventory, people are keeping their cars longer creating less demand, lenders are more willing to work with people after a bankruptcy, etc.), debtor do have options available to them for the purchase of a car.

For more you can read, “Can I buy car after filing Ch. 7 bankruptcy?

Image credit: Nacmias Auto Sales, Service and Repairs