Virginia Beach Bankruptcy Lawyer

Affordable Representation for Bankruptcy and Debt Management
757.428.3481

Can I buy a house, car or anything on credit during my chapter 13 bankruptcy?

Yes, you can buy a house or car while in a chapter 13, however, when your plan is confirmed, you should not incur any debt for as long as you are under chapter 13. If for some reason you feel it is important to buy something in installments or to be able to borrow money, you must first obtain the Court’s permission to do so. If it is in your best interest, our office will prepare the necessary pleadings to file with the court to get permission to obtain the financing. If there are complications, the process could take a month or more.