If I need a car and I am filing chapter 13, can I get one after I file or should I get one before? 11 Answers as of May 05, 2015

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Ronald K. Nims LLC | Ronald K. Nims
Get one before you file. That way you'll get a reasonable interest rate in the Ch 13 rather than the high rate on the loan.
Answer Applies to: Ohio
Replied: 5/5/2015
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Either way works. You will need court permission after you file so before might be the best way to go.
Answer Applies to: California
Replied: 5/1/2015
GARCIA & GONZALES, P.C.
GARCIA & GONZALES, P.C. | Richard N. Gonzales
Before, if you have a choice. I can give you someone's name and number to buy a car from. Call me if you are interested.
Answer Applies to: Colorado
Replied: 4/29/2015
Law Office of Michael Johnson
Law Office of Michael Johnson | Michael Johnson
You can do either, but I have found that it is easier if you get it before. Also if you get it prior there may be an option to lower any interest rate that is provided to you.
Answer Applies to: Florida
Replied: 4/29/2015
Law Offices of Daniel J Winter
Law Offices of Daniel J Winter | Daniel J Winter
There isn't enough information to answer that question. It depends on your whole situation. Call an experienced bankruptcy attorney for a free consultation.
Answer Applies to: Illinois
Replied: 4/29/2015
    Stephens Gourley & Bywater | David A. Stephens
    It is easier before than after filing, unless your credit is really bad.
    Answer Applies to: Nevada
    Replied: 4/29/2015
    A Fresh Start
    A Fresh Start | Dorothy G Bunce
    It sort of depends on your budget and what goal you want to accomplish in your Chapter 13. Trustees are well aware of the strategy of getting a new vehicle loan before filing Chapter 13 and may impose additional demands as a result. Proceed with caution.
    Answer Applies to: Nevada
    Replied: 4/29/2015
    The Law Office of Darren Aronow, PC
    The Law Office of Darren Aronow, PC | Darren Aronow
    It is probably easier to get one before so you can have the car payment as an expense.
    Answer Applies to: New York
    Replied: 4/29/2015
    Richard B. Jacobson & Associates, LLC | Richard B. Jacobson
    Before filing makes it easier. Once you file a petition, you need the Trustee's permission.
    Answer Applies to: Wisconsin
    Replied: 4/29/2015
    The Orantes Law Firm
    The Orantes Law Firm | Giovanni Orantes
    It would be less expensive for you to get it before you file the petition because you will have to ask permission from the Judge to incur such debt after the case is filed and preparing the motion to request permission is billable by an attorney.
    Answer Applies to: California
    Replied: 4/29/2015
    Tokarska Law Center
    Tokarska Law Center | Kathryn U. Tokarska
    If you're going into chapter 13, I assume you're going to hire an attorney. Not doing so, is not smart. The success rates in chapter 13 by self represented individuals is less than 2%. When you consult with the attorney discuss this concern with him or her. They can best advise you based on your circumstances. For some people it makes sense to get a vehicle first, for others not. I assume when you say chapter 13, you do mean chapter 13, not chapter 7.
    Answer Applies to: California
    Replied: 4/29/2015
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