I filed for bankruptcy about a week ago and my car was repoed can I finance another one before the 351 meeting

O.k i filed bankruptcy about a week ago and I dont know how long it takes before my dischare meeting. Im desperate for a car? I had a previous car but it was reposessed by the bank about a month ago. My lawyer told me that if i go finance another car then at my discharge meeting they might not clear me from all my debts? Is this True? How soon should i wait to get a car becuase I am really in need of one. After my discharge or when i recieve the letter that my debt is cleared. Also my girlfriend is willing to finance the car for me, but wants to know that when i'm done with the whole "bankruptcy thing" will my credit be so bad that i wont be able to take over the payments. please any info is very helpful.

You probably won't be able to get a new loan until after your discharge. Creditors might be concerned that your old debts will get tin the way of paying on this loan. Your new car loan will be very expensive. Why not consider taking public transportation for awhile and buying a good but inexpensive used car? It is nice that your girlfriend will lend her credit to you. If she does, then you might be able to do something sooner. But my advice is to avoid new debt if you can.

yup your Effed!

You can not have any new financial obligations until the discharge, approximately 6 months from the date of filing.

I would wait untill after the meeting and for a car, just buy a beater until your money get better cause you will fall into the same spot you were in before and have money problems again.

Oh boy!!
I am running into the same problem with the debt thing.
Do not put anything else in your name or it will have to be listed on the bankruptcy. You would then have to reaffirm the debt with the lender, if they are willing to do that. Also, if you purchase an item over $500 before the hearing it is looked upon as fraud in so many words, not a good thing.

If your friend is willing finance a car for you, go for it but do not put that in your name until the bankruptcy is discharged or it may get taken away from you.

You are NOT permitted to take on any debt until AFTER you receive your discharge paperwork. You should receive the papers within two months of the meeting.

Yes, your credit will suffer. The best thing to do is to make sure you pay ALL of your regular monthly bills on time. Keep in mind that it takes seven years for your bankruptcy to stop showing on your credit report.

I wish you the best as I've been through the same thing. Chin up. And remember this, you are NOT a second class citizen because this happened to you. (My lawyer told me this.)

you need to buy an old junker just ot get you around that you can pay cash for. your overspending has already gotten you in such a jam, your car has been repossessed and your filing for bankrupcy!!!! wake up and stop spending money you don't have. naturally, your lawyer is correct, and you credit will be bad for at least 7 years.

Legally you can not take on additional debt until your bankruptcy is discharged.

Just buy a old beater until after the discharge is final. Then you will be flooded with offers to buy a car.

Here in Atlanta we have alot of place that your job is your credit. Buy here Pay here place is your best bet for now. Hope i helped