“How long after bankruptcy can I lease a car?” is a common question we get here at the Auto Credit Express car leasing blog. The answer unfortunately is not a simple one.

There are a number of factors that will affect your ability to lease a car after bankruptcy including the type of bankruptcy you filed the status of your discharge and the policies of the leasing company you’re working with.

Here’s a more detailed look at each of these factors and what you can expect:

Type of bankruptcy: The type of bankruptcy you filed will have a big impact on your ability to lease a car. If you filed for Chapter 7 bankruptcy for example all of your dischargeable debts will be wiped out. This means you’ll have a clean slate and should be able to lease a car without any problems.

If you filed for Chapter 13 bankruptcy on the other hand you’ll still have debt that you’ll be required to pay back. As long as you’re making your payments on time you should be able to lease a car. However you may need to get permission from the court before you can enter into a new lease.

Status of discharge: The timing of your discharge is also important. If your bankruptcy discharge was recently granted you may have some difficulty leasing a car. This is because most leasing companies require a minimum of two years’ time since discharge before they’ll consider you for a lease.

If your discharge was granted more than two years ago you should have no problem leasing a car. In fact many companies will consider you the same as any other customer.

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Policies of leasing company: Finally it’s important to remember that each leasing company has its own policies when it comes to leasing to customers with a bankruptcy on their record. Some companies may be more lenient than others so it’s important to shop around and find a company that’s willing to work with you.

Keep in mind that you may need to put down a larger security deposit or make a larger down payment when leasing a car after bankruptcy. This is because leasing companies view customers with a bankruptcy as a higher risk.

If you’re having trouble finding a leasing company that’s willing to work with you we can help. At Auto Credit Express we have a nationwide network of dealerships that specialize in helping customers with bad credit get approved for a lease.

Fill out our free and easy auto loan request form to get started today.

Table of Contents

How long after bankruptcy can I lease a car?

Answer 1: You can lease a car after bankruptcy but you may have to pay a higher interest rate.

How long after bankruptcy can I get a loan?

Answer 2: You can get a loan after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I buy a car?

Answer 3: You can buy a car after bankruptcy but you may have to pay a higher interest rate.

How long after bankruptcy can I buy a home?

Answer 4: You can buy a home after bankruptcy but you may have to pay a higher interest rate.

How long after bankruptcy can I get a credit card?

Answer 5: You can get a credit card after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I get a job?

Answer 6: You can get a job after bankruptcy but some employers may be hesitant to hire you.

How long after bankruptcy can I get insurance?

Answer 7: You can get insurance after bankruptcy but you may have to pay a higher premium.

How long after bankruptcy can I get an apartment?

Answer 8: You can get an apartment after bankruptcy but you may have to pay a higher security deposit.

How long after bankruptcy can I get a loan from the government?

Answer 9: You can get a loan from the government after bankruptcy but you may have to pay a higher interest rate.

How long after bankruptcy can I get a bank account?

Answer 10: You can get a bank account after bankruptcy but you may have to pay a higher monthly fee.

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How long after bankruptcy can I get a mortgage?

Answer 11: You can get a mortgage after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I get a student loan?

Answer 12: You can get a student loan after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I get a car loan?

Answer 13: You can get a car loan after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I get a personal loan?

Answer 14: You can get a personal loan after bankruptcy but you will likely have to pay a higher interest rate.

How long after bankruptcy can I get a business loan?

Answer 15: You can get a business loan after bankruptcy but you will likely have to pay a higher interest rate.

Drew Dorian

I love cars and I love writing about them

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