Posted on: 18th Jun, 2013 12:38 am
I had filed bankruptcy Chapter 7 and got a discharge around 4 days ago. Now I am in need of an auto loan. I applied for it with a credit union but was denied. Can anyone please help? What should I do?
you will not be able to qualify for any kind of loan so soon after receiving a discharge from chapter 7 bankruptcy. you will have to wait for at least 2 years to get any kind of loan. there is hardly anything that you can do in this regard.
Hi Bosch,
As Niicss has said, getting a loan so soon after bankruptcy discharge won't be possible. You will have to make sure that you wait for sometime, improve your scores and then look out for a loan.
Thanks
As Niicss has said, getting a loan so soon after bankruptcy discharge won't be possible. You will have to make sure that you wait for sometime, improve your scores and then look out for a loan.
Thanks