Auto Loan After Bankruptcy
Call now and find out why many local Bankruptcy attorneys refer their clients to 5 Star Auto Plaza!
We understand the decision to file bankruptcy was not an easy one. We also understand you are faced with a lot of uncertainty. You are probably asking yourself: Will anyone give me a loan? What am I going to do for transportation?
Our goal here is not only to help you get the car, truck or SUV that you need at a loan payment that you can afford, but also to counsel you on how to reestablish your good credit rating. We will take the time to go over your current credit situation & help you develop a plan to start your new credit life off on the right foot. The reason we do all of this is simple, we have found that if we invest a little time in our clients during the deepest time of need they will ultimately become lifelong customers. Hence our slogan, “WE BUILD CLIENTS FOR LIFE.” Whether you are in an open bankruptcy Chapter 7, Chapter 13 or your bankruptcy has been discharged, we have a finance program to fit you. Call us now 636-940-7600.
“In over 20 years of the law practice, 5 Star Auto Plaza is the only auto dealer that received our endorsement. 5 Star knows what the courts require to approve loans. 5 Star also provides quality vehicles at a reasonable price and interest rate. We have yet to have a client complain about their vehicle or 5 Star’s service.” - Jack Adams Sr., Adams Law Firm
If you plan on keeping a vehicle in a bankruptcy, you must call now BEFORE it is discharged!
You hired your bankruptcy attorney because you felt that they were the best choice to steer you through your bankruptcy filing. He or she undoubtedly had the knowledge to file the proper paperwork with the courts to allow for the discharge of your debts. The problem is that most attorneys are not able to keep up with the ever changing automotive and finance market. It simply isn’t their area of expertise. For that reason we see many people with a car loan where they owe much more than the car is worth because they feel they have no other options.
After a period of time when it is time to trade this car in they find they are in the same place they were before, due to the negative equity they carried though the bankruptcy. The primary reason for filing bankruptcy is to relieve you of bad debt. If you owe more on your current car loan than it’s worth you should consider that a bad debt. Give us a call and allow us to do a 5 minute evaluation of your situation before it’s too late. Regardless of whether you finance a car from us or not you be given the knowledge in order to make an informed decision before you no longer have a choice.
5 Star Auto Plaza has been serving the St. Charles, St Louis and surrounding areas since 1997. We offer many ways to get you in to the used car, truck, or SUV of your choice. We offer guaranteed credit approval for all types of bad credit. and also offer buy here pay here programs with approved down payment. Interest rates and terms will vary depending on finance approval. Proof of income & other bank or finance company stipulations may apply. We are not attorneys and do not give legal advice, please verify all information with your bankruptcy attorney prior to making any auto loan decisions while in an open Chapter 13 or open Chapter 7 bankruptcy. Open chapter 13 will require prior trustee approval. Please contact our auto finance department at 636-940-7600. for further questions.