You still will be able to buy a car after you have declared bankruptcy. Many people wonder what happens after bankruptcy filings in Texas. A Dallas bankruptcy lawyer should be able to answer any questions you have and prepare you for life after you have declared bankruptcy.
Cars get old and/or break down, and you may have to replace yours while going through bankruptcy filings in Texas. When purchasing a car after you have declared bankruptcy, there are a few things you should know and consider:
- Look for dealerships that are “bankruptcy friendly”;
- Factor in other costs of a new vehicle such as gas, insurance, repair costs, etc.;
- Purchase a used car for a lower cost and less depreciation; and
- You may have to have a friend or family member co-sign a loan to get financing for a vehicle.
Remember that what happens after bankruptcy can still be seen on your financial record, so it is important to buy a car you can afford, make your payments on time and keep your car in good working order to avoid having to secure finances for a new one or pay for costly repairs. If you still have questions about what happens after bankruptcy filings inTexasor what it means to have declared bankruptcy, call aDallasbankruptcy lawyer who can help. Bankruptcy filings inTexasdon’t have to be a life sentence. You still can lead a normal life after you have declared bankruptcy by being cautious and responsible.
Contacting a Dallas Bankruptcy Lawyer
At Warren & Migliaccio, our goal is to protect you and your family so that you can take the necessary steps to proactively plan for your future. When financial circumstances outside of your control threaten your wellbeing, take control of your situation and contact our Dallas law firm. We’ll guide you through the legal process so you can make informed decisions and choose the best course of action. If a personalized, teamwork-driven approach sounds like what you need for your case, call 1-888-584-9614 today. We’re here to help.