We understand that the decision to file bankruptcy was not an easy one. We also understand that you are faced with a lot of uncertainty and are probably asking yourself will anyone give me a loan, and what am I going to do for transportation?
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 so many people that keep a car loan that they owe so much more than it is worth simply because they feel that they have no other options.
After a period of time, when it is time to trade this car in they find that they are in the same place that they were before due to the negative equity that they carried though the bankruptcy. The primary reason for filing bankruptcy is to relive you of bad debt. If you owe more on your current car loan than what it is worth, you should consider that a bad debt.
Give Dan a call and allow him to do a 5 minute evaluation of your situation before it is too late. Regardless of whether you finance a car from 5 Star Auto Plaza or not, you will at least have the knowledge to make an informed decision before you no longer have a choice.
Automotive and Auto Financing Expert
5 Star Auto Sales
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