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I have a question solicitations for auto loans before 341 meeting

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    I have a question solicitations for auto loans before 341 meeting

    Hi I just filed chapter 7 bankruptcy 2 weeks ago my 341 meeting isnt until 6/5/08. I'm getting solicitations in the mail stating that I can get auto financing before my discharge. Is this true? And if so, is it a smart idea?

    #2
    Are you handing over the car in the BK?

    Because you are now pubic record you will get many more. Wait till after the discharge date - honestly - my cell phone was quiet then all of a sudden on 4/30 (my discharge date) I got 4 calls about a line of credit up to 10K, blah blah. Not sure how they got my number (perhaps it was in my petition) - but the junk mail cometh...
    Filed: 01/23/08
    341 Meeting: 02/29/08
    Discharged: 04/30/08
    Closed: 05/12/08

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      #3
      You'll get those all the time for the coming future. The thing to remember though is that without the trustee's permission you cannot take on new debt. Once you are discharged you can take on new debt without his permission.
      May 31st, 2007: Petition Filed by my lawyer
      July 2nd, 2007: 341 Meeting Held
      September 4th, 2007: Discharged and Closed.

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        #4
        We filed on Tuesday and Friday and Saturday we received 6 financing offers in the mail from local car dealers. I had never received any of these before so it was from the filing. They were all the "bad credit, no credit" offers.
        Filed Ch 7 - 04/08/2008 - Done
        341 continued 06/30/2008
        Last day for objections - 08/01/2008
        Discharged 08/13/2008

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