I get this question 5 times a day. Can or how long before  I can purchase a new or used car after I file for chapter 7 bankruptcy? Well the answer is generally anytime after you are discharged. After a person files for chapter 7 bankruptcy they get a discharge from their debt within 3-6 months. Once you are no longer liable for all that debt lenders are more willing to lend you money. Especially since you can't file chapter 7 for another 8 years. I tell clients generally because you also need to be able to afford a car payment. Bankruptcy will help clean up your debt but you need to get out there and show you have learned your lesson and are a good candidate for a loan by making payments on things on time after filing the bankruptcy. You can't just expect a miracle and expect your credit to just miraculously go to 800. You have to do things to repair your credit and prove to future lenders you are not a risk. Purchasing a car and making your payments on time is a great way to do this.

Bankruptcy is not the end of the world, it's a new beginning.

Please red this CNN article called "Landing a Car l

http://money.cnn.com/2012/04/30/autos/auto-financing/index.htm