Living in Minnesota and looking to get car financing after bankruptcy? You’re in luck! Whether you have been through chapter 7 or chapter 13 car financing is available, and Bankruptcy Auto Financing is here to help. Our network of MN lenders works with any credit situation and will work hard to get you approved and into that new-to-you car you have had your eye on.

Open Bankruptcy Auto Loans in Minnesota

If you are in the middle of a bk open bankruptcy auto loans in Minnesota are possible, although a lot harder to obtain. This is because lenders fear that buyers will surrender their new car in the bankruptcy, and in turn lose them a lot of money. Most MN lenders – like banks – require being discharged before even considering an application, and even then there is a chance of the application being denied.

Luckily, there are lenders in Minnesota that work specifically with bad credit. They are called sub-prime lenders and most are willing to work with bankruptcy, even before discharge. If you are looking to finance a car while in chapter 7 or 13 they will be your best bet to approval.

Minnesota Used Cars after Bankruptcy

Before submitting your application make sure to set your sights reasonably. Buying Minnesota used cars after bankruptcy is usually recommended for your first auto loan. This is because they have a lower price tag and need less financing. Once you have found a reliable late model car that suits you, you can then use our online application to see if you are preapproved.

Remember we are not lawyers and cannot give legal advice. The situations discussed are only our experiences over the years and may vary with each customer.