If you have a bankruptcy on your credit history and have been trying to find an Alabama dealership to approve you, you may have been having trouble. Everyday. many dealerships turn away bad credit consumers that have had a recent bankruptcy because they don’t know how to navigate the financing; not because they cannot be helped.
Driving from dealership to dealership is not only time consuming, but it can be costly and frustrating. Shopping online for an Alabama subprime lender can prove to be easier, faster, and cheaper. In fact, here at BankruptcyAutoFinancing.com we work with a large network of AL lenders and dealerships that have both the tools and experience to get you into an auto loan that fits both your needs and your budget within a few days.
How the Process of Alabama Bankruptcy Auto Financing Works
If you have already been discharged from your chapter 7 or chapter 13 bk then you will need to get your credit report to be sure that all unsecured debt has been marked “included in bankruptcy”. If there are any discrepancies be sure to take care of them as soon as possible. Once that is done your next step to would be to apply online using our secure online application.
Once we receive your information we will find the nearest Alabama lender in your area and set you up an appointment. Once you meet the lender you could be driving away in your new car that day.
If you are still awaiting discharge, you will need to obtain written permission from your Alabama bankruptcy trustee and/or judge to obtain a new line of credit. Once you have that piece of paper you can then submit an application for an open bankruptcy auto loan, and the same process occurs.
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.