New Jersey has an increase in bankruptcy filings in the first three quarters of 2012 and are not positive to what the reason was, but experts are almost positive that the numbers increased even more in the fourth quarter because of Hurricane Sandy. With all the bad luck the residents of NJ experienced in 2012 we are offering up some good news.
There are dealerships in New Jersey looking to help the victims of the super storm by offering auto financing after bankruptcy. These dealerships have experience working with all credit situations and - if you meet their minimum requirements - can get you into a new vehicle at an affordable rate.
NJ Personal Bk Filings from 2010 – September 2012
- 2010: 39,890
- 2011: 36,711
- 9/2012: 40,946
In New Jersey bankruptcy cases fell by over 3,000 filings from 2010 to 2011, but the decline didn’t last long. By September 2012 there were already over 40,000 bankruptcies filed, and with Hurricane Sandy hitting in October the numbers were only expected to increase; although they have not yet been recorded.
Hurricane Sandy affected more than five states and left individuals without a home, car, and in some cases family members. These people are now left to pick up the pieces and try to rebuild their credit. Financing a vehicle after bankruptcy is one of the best ways to do so, but where do you start?
How We Can Help
Here at BankruptcyAutoFinancing.com we help individuals get matched up with a New Jersey dealer or lender that can help them get into a bankruptcy car loan they can afford. Before applying use our bankruptcy auto loan calculator to see what kind of payment you can afford.
If you are ready to start rebuilding your credit with a New Jersey bankruptcy auto loan fill out our online application today 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.