Chapter 7 Bankruptcy

  

Chapter 7 Bankruptcy Car Loans and Financing


First, there's the Chapter 7 Bankruptcy. This is the program where you essentially include all debts in your bankruptcy filing and, upon discharge, you are no longer obligated to repay those debts.

In a Chapter 7 bankruptcy it is entirely possible to arrange auto financing prior to the discharge. There is a widespread misconception that the bankruptcy must first be discharged.

Typically, most auto dealers and banks will inform you that you must have a discharge in order to qualify for auto financing and get a car loan. The reasons behind their statement are usually because they are unaware of the financing programs available or they were unable to qualify for these programs.

In the case of the banks telling you to first get a discharge, they usually are using this as a delaying tactic. They're really not interested.

Over the years, we have built several outstanding relationships with lenders in Nashville, Murfreesboro, Tullahoma, Manchester and surrounding areas that specialize in making this type of loan. For the most part, these lenders tend to be "exclusive" in that only select dealers are allowed to offer these programs within a given marketplace.


Through the years we have built up a level of trust and creditbility with our lenders, the courts and the trustee's office in Nashville, Murfreesboro, Tullahoma, Manchester and surrounding areas. Our experience and expertise give us the ability to accomplish what other dealers say is impossible. We serve those in Manchester, Tullahoma, Murfreesboro, Nashville and nearby areas. Contact us today at 931-684-6800 to get started.

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Through the years we have built up a level of trust and credibility with our lenders, the courts and the trustee's office in Nashville, Murfreesboro, Tullahoma, Manchester and surrounding area.

Our experience and expertise give us the ability to accomplish what other dealers say is impossible. We serve those in Manchester, Tullahoma, Murfreesboro, Nashville and nearby areas.

Contact us today at 931-684-6800 to get started!

It's really that easy! Get started today!

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Legal information is NOT the same as legal advice.CAUTION: The use of any information contained herein, including letters, instructions, scripts, opinions, suggestions, advice, and other similar content including the videos are at the user's own risk. You are strongly encouraged to consult with legal and financial professionals prior to making any decision that could have legal or financial consequences to you. The information provided on our site is provided for educational and informational purposes only and/or any advice or comments made are intended only to educate and assist visitors in their own self-help efforts when dealing with debt and credit management issues. Access to this web site and all information contained herein is free with the understanding that the authors and publishers are not engaged in rendering legal or financial advice or providing credit repair services. As such, the information provided on this site should not be used as a substitute for professional counseling and advice from certified legal or financial professionals. While we have made every attempt to ensure the information contained in this web site is accurate and from reliable sources, we are not responsible for any errors or omissions, or for the results obtained from the use of this information. Newton Ford South does not extend credit.  Any attempted purchase is conditioned on third party lender approval for extension of credit and assignment of any installment contract to a third party lender based on the third party lenders criteria for extension of credit, including credit history, income, down payment and all other terms the third party lender may require.
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