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Old 04-11-2012, 03:45 PM  
kane
Too lazy to set a custom title
 
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Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by Rochard View Post
The moment you go through a bankruptcy, you become the perfect creditor - no debt and you can't default again for seven years.
Yep. My brother and his wife went through bankruptcy about 3 years ago. As part of the bankruptcy they had one of their cars repo'd so they needed a second car. Then went to the used car dealer assuming they would never get a loan and the dealer not only approved them, but he told them they could qualify to buy a new car if they wanted.
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