Getting a bankruptcy car loan in Nova Scotia doesn't have to be a hassle. Don't waste your time driving around the HRM applying for loans, only to be rejected. There are easier ways to get the vehicle you need, whether you filed Chapter 7 or Chapter 13 bankruptcy.
Chapter 7 Bankruptcy Car Loans
Because Chapter 7 bankruptcies are discharged quickly, you will be able to apply for a car loan in just a few months. Banks and credit unions will probably turn you down for financing. There are other options available, such as applying online for bankruptcy car loans, through companies like BankruptcyAutoFinancing.com.
Our network of lenders can get you the best rates on car financing after bankruptcy discharge. With over 10 years of experience in bankruptcy auto financing assistance, we can often get you into an automobile the same day you apply if your bankruptcy is complete. We believe that you deserve a second chance, and want to help make your financial future brighter.
Chapter 13 Bankruptcy Car Loans
Chapter 13 bankruptcies stay open for 3-5 years, so you may find yourself needing a car loan while in chapter 13. Despite what you may have been told, it is possible to obtain this kind of loan. Although the process takes a little longer than with a discharged bankruptcy, most people are able to obtain this type of auto financing.
Before you can get this type of auto financing you will need to obtain an authorization to incur debt from the court. As long as you choose a car that's within your budget, your request will usually be approved. Once you have this document you can apply for a loan.
Applying for Nova Scotia Auto Financing
Whether you filed Chapter 7 or Chapter 13 bankruptcy, applying online for Nova Scotia auto financing is quick and easy. By answering a few simple questions you'll be able to see how much you could borrow. You don't even have to leave the comfort of your home.
Once you're pre-approved you'll be contacted by a loan specialist who will go over your options. Then just visit the dealership that we match you with to find your next vehicle. You'll drive away in an affordable vehicle that you'll be proud of, and that will help get you back on your feet.
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.