Archive for October 12th, 2008

Just filed for bankruptcy. How soon can I expect to be able to finance a car again?

Sunday, October 12th, 2008
Finance
Bob H asked:


I just filed for chapt 7 and I’d like to know how long it will be before I can finance a car. Will I have to wait until it is discharged? Anyone have experience in this?

Omar

Is it better to lease or finance a car through a business?

Sunday, October 12th, 2008
Finance
John G asked:


From a tax/ money savings standpoint, is it better to lease or finance a car through your business? I have an LLC, operating as an Scorp for IRS purposes. I want to get a car but I want to know what would be better for me? I hear people saying leasing is good. I just want to save the most money. I don’t wish to keep the car for more than 2 years.

Calvin