What are the requirements for receiving a bankruptcy car loan?

The first thing that you will need to do if you want a bankruptcy car loan is contact your bankruptcy trustee. The trustee is the individual appointed by the court to oversee your bankruptcy process. He or she will decide whether you can purchase a car. The next thing that you will need to do is find a lender that works with individuals with bad credit for car loans. Car dealerships that fit into this category generally allow you to finance "in house" and make your payments at the lot. You will then need to agree to the terms of the loan and choose a car.


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