Comments on: If I File for Bankruptcy How Can I Go About Getting a Used Car? – Miss M

By: Marshall

Marshall — Mon, 16 Aug 2010 01:01:38 +0000

I liked your reply. I think more often than not, people don’t check their credit reports. Also, I’d like to add, if a person had a bankruptcy and the debts are still on the credit report, that person should get a copy of the bankruptcy records and bankruptcy discharge and send it the the credit reporting agency. Those bankruptcy records will be the proof that their debts were discharged.

By: Draper at bankruptcy-records.net

Draper at bankruptcy-records.net — Mon, 16 Aug 2010 00:38:16 +0000

Thanks for the good information. If you filed bankruptcy and you want to get a loan for a car, you probably going to need a copy of your complete bankruptcy and the bankruptcy discharge. Those old debts that were included on your bankruptcy might be on your credit report. So you will need to a copy of your bankruptcy records to show proof of what debts were discharged.

By: Chauncy R Williams

Chauncy R Williams — Wed, 04 Mar 2009 23:39:41 +0000

Often people who have been through a major economic setback such as bankruptcy fear they will never establish good credit again. Federal law allows negative information to remain on your credit report for seven or even ten years (for bankruptcy).Cleaning up a blemished credit history will take time, but which persistence and a focused strategy, within a year you can restore your credit. Lenders, credit card companies, and solicitors will begin contacting you again. Be wise about the credit you decide to establish and make sure your current situation can handle such credit. Your first step involves reviewing your credit report for any outdated or inaccurate information. If accounts you have paid in full are still listed as unpaid on the report, immediately notify the credit bureau.
Car lenders are usually the first ones to try extend credit. Becareful and good luck!!!!