You don’t want filing for bankruptcy to seriously set you back in life, which is why you need to know how to get Philadelphia auto loans after Chapter 7 bankruptcy. Filing for bankruptcy should be a positive step forward. It should be something that helps you put financial mistakes in the past and take responsible steps toward a bright future. If you’re worried about ruining your financial options going forward, you’ll be glad to know that there are ways to get Philadelphia loans after bankruptcy.
A More Attractive Borrower
In fact, it can sometimes be far easier to get Philadelphia auto loans after Chapter 7 bankruptcy because you’re more attractive to the banks, not less. Remember, you’re not filing for bankruptcy casually. You’re doing it because:
- Your debt is higher than you can realistically pay off.
- Your income levels are too low – perhaps because of a change in your employment situation.
- You’ve been missing payments repeatedly.
- Creditors are starting to harass you.
When you apply for Philadelphia loans after bankruptcy, the bank gets a candidate who does not have any debt. They get a candidate who isn’t missing monthly payments. They get someone who has been given a fresh start. Yes, you do have the bankruptcy on your record, and that does impact your credit score, but you can still get loans after a Philadelphia bankruptcy. You can even use them to repair your credit score over time.
Why Choose Us
If you want to learn more about this process, from qualifying for auto loans after Chapter 7 bankruptcy in Philadelphia or filing in the first place, you should choose us. We have decades of experience, we’ve helped over 10,000 clients, and we get excellent reviews. We pride ourselves on honesty and hard work. When filing for a Chapter 7 bankruptcy discharge in Philadelphia, you must have an expert on your side, and we are among the best in the area.
To set up your free consultation or to ask any questions about Philadelphia auto loans after Chapter 7 bankruptcy, call now!