Bankruptcy Basics According to the American Bankruptcy Institute household debt is at a record high relative to disposable income.The Administrative Office of the U.S. Courts reported that the number of filings for the year ended March 31, 2003 exceeded 1.6 million for the first time in any 12 month period, a 15.1 percent increase from the previous year. There are two basic types of personal bankruptcy: Chapter 7 and Chapter 13. Chapter 7 Bankruptcy and Chapter 13 are legal proceedings that are ...

Bad Credit Auto Loans - Buying a Car After a Bankruptcy Chapter 7 Or Chapter 13 Discharge You can get a car loan after your bankruptcy discharge. Whether it was a Chapter 7 or a Chapter 13 filing, there are places that you can apply for a loan to buy a car and get approved through easily. You probably know though, it's not going to happen just anywhere that you go. Usually car dealerships have a few lenders that they send ...