Can I lease or buy a new car before I file for Chapter 13?

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Can I lease or buy a new car before I file for Chapter 13?

Asked on April 5, 2012 under Bankruptcy Law, New York

Answers:

Sharon Siegel / Siegel & Siegel, P.C.

Answered 12 years ago | Contributor

Pre bankruptcy planning is very wise.  I wish more people would do it.  Just knowing this question alone, technically it does not matter.  It is only a matter of how the plan will be formed.  You should discuss this with the lawyer you hire before filing.


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