Auto Loans after Chapter 13 bankruptcy can seem like a real challenge.
Have the courts dismissed or discharged your case?
If they have, then you're probably in a better position to get an auto loan than you were before you had the bankruptcy.
You've probably got less debt now, and aren't getting the collection calls and late notices anymore.
Really, you're in better shape now to buy a car even though you now have really bad credit.
The secret is in finding the right lender.
The difficulty in getting an auto loan after Chapter 13 Bankruptcy centers around the notion that due to the current bankruptcy laws, you are actually able to file again at any time.
There is no limit to the number of times that a Chapter 13 case can be filed, which makes traditional lenders, hesitant.
Here's why...
Under BK 13, a car loan owed is reduced to the current loan value of the car at the time the BK 13 is filed, which is a high risk for lenders.
There is financing available through select lenders online that you can use to get approved. You can find auto loans after Chapter 13 Bankruptcy discharge or dismissal by using an online lending service.
http://www.BuyingCarswithBadCredit.com is a good place to start and has recommended sources for auto loans if you've recently had a BK.
You can get auto loans for bad credit with no money down, depending on the car you choose.
Don't be discouraged...
You've made payments for a few years now to pay back your debts and get your financial situation repaired. The services listed above consider this and consider it to be a responsible decision and action that you have taken.
One thing to keep in mind is that you don't have to use buy here pay here car lots for auto financing. Even after a BK, there's still good companies that are willing to help you.
I hope that this page is of benefit to you.
