keeping the car
my question is can my friend purchase a cheaper car after she declares bankruptcy after giving up the financed one or she wont be able to until say the 9 months are over.thanks
Posted from: Ontario
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my question is can my friend purchase a cheaper car after she declares bankruptcy after giving up the financed one or she wont be able to until say the 9 months are over.thanks
Posted from: Ontario

Certainly – the trick is finding a good car and then of course, your friend has to be able to pay for it. If she intends to finance the cheap car she should be prepared to pay some pretty high interest rates – better to buy a “beater” (if she can find a good one).