Options for Bankruptcy Auto Loans in St. Louis

Options for Bankruptcy Auto Loans in St. Louis

If you’ve filed for Chapter 7 or Chapter 13 bankruptcy, finding a reliable vehicle can seem overwhelming. However, bankruptcy auto loans in St. Louis offer various options to help you secure the transportation you need.

Understanding Your Options

Chapter 7 Bankruptcy

Chapter 7 bankruptcy involves liquidating assets to pay off debts. While it impacts your credit, you can still qualify for an auto loan. Lenders understand that you need reliable transportation to rebuild your life and finances.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy allows you to keep your assets while reorganizing debt repayment. If you are currently in a Chapter 13 plan, you will need prior approval from your trustee before making a car purchase. This approval ensures that your new debt will not hinder your repayment plan.

Important Considerations

If you have an open bankruptcy filing , consult with an attorney before purchasing a car. This ensures that you are aware of all legal requirements and can proceed without complications.

5 Star Auto Plaza: Your Solution

5 Star Auto Plaza offers:

• Guaranteed Credit Approval: We work with all credit situations to help you secure an auto loan.
• Buy Here, Pay Here Program: This in-house financing option makes it easier for those with poor credit to purchase a vehicle.
• Trusted by Local Bankruptcy Attorneys: We are frequently recommended by local attorneys to assist their clients in obtaining pre-owned or lightly used vehicles.

At 5 Star Auto Plaza, we understand the challenges of finding bankruptcy auto loans in St. Louis . For reliable service and expert assistance, contact 5 Star Auto Plaza at (636) 940-7600 .