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‘The rich utilize this resource way more’: Woman encourages people who can’t afford their cars to file....

This woman claims bankruptcy might be the solution to your financial woes, in particular to avoid getting your car repossessd. Is she right? · Bankruptcy is a legal and financial process that helps people (and businesses) struggling to pay their debts start over. Contrary to popular belief, bankruptcy doesn’t immediately wipe away all your debts (sorry, people with student loan debt). Depending on the type of bankruptcy, some of your debt may be wiped or you may have to liquidate your assets (like your second car, luxury goods, or an extra r ...

Can I get a car loan after bankruptcy?

Getting a car loan after bankruptcy may be difficult, but it’s possible if you take the proper steps. Learn more.

How To Get A Car Loan After Bankruptcy

Getting approved for a car loan after bankruptcy can be challenging. Fine-tune your application strategy to give yourself the best chance.

Hertz bankruptcy, distressed rental car market hurts U.S. automakers

Lower values can damage auto brands and impact pricing on newer... Hertz filed for bankruptcy protection last Friday, followed by Advantage Holdco – parent company of Advantage Rent A Car...

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic

The more than a century old car rental firm Hertz Global Holdings filed for bankruptcy protection on Friday after its... that can trigger defaults based on missing those lease payments or...

Struggling car maker Saab files for bankruptcy protection - BBC News

The owner of cash strapped carmaker Saab has filed for bankruptcy protection.

7 Things to Avoid When Buying a Used Car

Buying a used car has risks, but you can avoid mistakes like waiting to procure financing, foregoing a mechanic check, and not checking the history.

Bankruptcy

that can result in a reduction of the debt (maximally half of the amount) or an extension of... This is because once a bankruptcy petition is filed, it is for the creditors, not the debtor...

Buying a Used Rental Car As Hertz, Rental Companies Go Bankrupt: Pros and Cons

People often think of used rental cars as low quality, but good deals can be had for careful shoppers.

Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy - The New York Times

Lordstown Motors, the troubled electric vehicle company that bought a shuttered General Motors factory in Ohio with grand plans to create the Tesla of pickup trucks, filed for bankruptcy...

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