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 Can you obtain a car loan if you are bankrupt

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T O P I C    R E V I E W
net Posted - 13 December 2008 : 23:48:33
Can you obtain a car loan if you are bankrupt
3   L A T E S T    R E P L I E S    (Newest First)
pix1 Posted - 15 December 2008 : 18:27:10
Clearly, there is little chance of getting any kind of a loan for anything if you are undischarged bankrupt and you are duty bound to declare BR for any loan of more than £500. It won't be much easier for a long time after discharge, either.
Integrity Posted - 14 December 2008 : 19:13:29
I agree with DebtRider in the current climate you will be hard pushed to get anyone to lend you the money unfortunately.
debtrider Posted - 14 December 2008 : 00:04:03
Hello net

Once you go bankrupt you cannot obtain any credit of £500 or more without telling the lender that you are bankrupt. So if you want to borrow to get a decent car then it is highley unlikely that you will get a loan.

Debtrider

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