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Buying a car before Ch. 7...

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    Buying a car before Ch. 7...

    If I buy a car before filing Ch. 7, does the trustees look at my loan app. I filled out when financing the car??? I am unemployed and have been for the last 6 months, but I can put that I work for my dad and make X amount of money in order to hopefully get qualified. When I go to file BK does the court have the right to see that??
    Thanks

    #2
    The court does not necessarily need to see the proof of income, but you will need to show proof for when you file. In a Ch.7, the Trustee (and your attorney if you hire one) will need to know everything about your income, finances and expenses.
    Bankruptcy History:
    Chapter 7 filed - 10/12/2005 - Asset
    Discharged - 02/16/2006
    Case Closed - 11/08/2007

    A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain

    All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

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