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BlueSky Auto Finance: Where Money is Never A Problem Thanks to the introduction of different car loans today, people don’t need to worry whether or not they can get a car loan after filing for bankruptcy or getting a bad credit report. Many companies, including BlueSky Auto Finance, offer flexible terms when it comes to auto loans, providing help to people who are facing financial difficulties.

Chapter 7 and Chapter 13 Most people choose Chapter 7, so they can erase their debts in a matter of months, but the information can stay on their records for up to 10 years. Others choose Chapter 13 to save their assets. They end up paying for all their obligations, and the process can take up to five years. And after the completing the process, it can stay on their records for seven years. As Chapter 13 cases can take too long, it’s not reasonable to get a new car during the process.

Choosing Chapter 7 The reason auto financing is easier to obtain after a discharged Chapter 7 is because people are in a much better position financially. In this case, they have completely discharged all their debt obligations, making it easier to afford a new car loan payment. Apart from getting an easy car loan approval with discharged Chapter 7, many auto finance companies are willing to lend money to people that fall in this category. In fact, some lenders make this credit profile one of their niches.


Choosing Chapter 13 A Buy Here Pay Here financing program may be the best choice if an individual chooses Chapter 13 bankruptcy. In this case, the dealership underwrites and extends the credit and is not limited to the underwriting criteria of an independent, third party lender. But Buy Here Pay Here isn’t available in all dealerships. Clients need to do their homework to make sure they’ll get an affordable loan term. BlueSky Auto Finance recommends Drive Time, a national Buy Here Pay Here organization specializing in bad credit and after bankruptcy car loans. BlueSky Auto Finance has a reputable network of lenders that offer auto loans for people with bad credit. They specialize in helping people who experience credit difficulties get a car loan in a hassle-free environment. http://www.blueskyautofinance.com/bankruptcy-car-loans.html http://www.edmunds.com/car-loan/how-to-buy-a-car-after-bankruptcy.html http://www.bankrate.com/finance/debt/keeping-your-auto-car-loans-in-bankruptcy-1.aspx http://www.blueskyautofinance.com/


Bluesky Auto Finance Where Money is Never a Problem  

Thanks to the introduction of different car loans today, people don’t need to worry whether or not they can get a car loan after filing for...

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