One of the most common questions we hear at Matthews Motors is: Can I buy a car in bankruptcy? The answer is yes! Did you know that replacing your car while in a chapter 7 or chapter 13 bankruptcy case is one of the best ways to boost your credit score almost immediately? Bankruptcy is truly a fresh start for many, and replacing your car while in bankruptcy can be a big part of that. We at Matthews Motors of Goldsboro are here to help you buy a car in any financial situation, including bankruptcy. Call us at 919-752-3912 or continue reading below for more details.
How Car Buying in Bankruptcy Can Help Your Financial Status 

It is not the act of simply buying a car that benefits you while in bankruptcy. What helps is that you replace your current car with a more affordable model, and start rebuilding your credit. Choosing to replace your car while in a bankruptcy case is a great way to begin re-establishing your credit and improving your financial situation. Unlike re-affirmation or redemption, which do nothing to improve your credit rating, replacing your current car can help your credit. Replacing your auto while in bankruptcy can have the following benefits:
  • Help you get a car with better gas mileage, which saves you money
  • Boosts your credit score almost immediately 
  • Establishes a positive credit profile on all 3 major credit reports 
  • Eliminates negative equity in your current vehicle

Replacing your current car is a proven way to help build your credit while you are in bankruptcy. We have guided thousands of people through this process over more than 10 years, and are here to help you too. You CAN buy a car in chapter 7 bankruptcy or chapter 13 bankruptcy. Call us at 919-752-3912 and ask to speak to one of our bankruptcy auto financing specialists today.

Why Visit Matthews Motors Goldsboro
Here at Matthews Motors we have been helping people in bankruptcy buy cars and rebuild their credit for over 10 years. We have countless success stories about customers who have begun to rebuild their finances through buying a car while in bankruptcy. After time, they built their credit using that car loan, and were able to rebuild the rest of their finances on that foundation. We are known as the "Walking Man's Friend" because we are passionate about helping people find a great deal on a car. This includes people in all different financial situations, including chapter 7 and chapter 13 bankruptcy. 

In addition to our decade of experience, we also have the tools and processes in place to help you buy a car in chapter 13 bankruptcy or chapter 7 bankruptcy. We work with several different banks who specialize in bankruptcy financing for chapter 7 and chapter 13 cases. These relationships allow us to ensure that we can find the right financing for everyone. We also work with bankruptcy attorneys in multiple states to stay up to date with the latest changes to bankruptcy law. We know how the bankruptcy process works, and that buying a car can be an important part of that process. Plus, with our incredible inventory of used cars in Goldsboro, we can find a car that you like, and that works with your specific financial plan. 

**Remember** Replacement must be done before your discharge!

 There is a reason that thousands of people have come to us over the last 10 years to help them buy a car in bankruptcy. We have the experience, the knowledge, and the desire to help you build towards a brighter financial future. Come visit us at Matthews Motors of Goldsboro on Berkeley Boulevard, or call us at 919-752-3912 and ask to speak to a bankruptcy financing specialist. 

Do you need military specific bankruptcy auto financing information? Call us today and let us walk you through the process of buying a car while in an open bankruptcy case.

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Matthews Motors Goldsboro

204 N. Berkeley Blvd.
Directions Goldsboro, NC 27530

  • Sales: 9197594007


  • Monday 9:00AM - 7:00PM
  • Tuesday 9:00AM - 7:00PM
  • Wednesday 9:00AM - 7:00PM
  • Thursday 9:00AM - 7:00PM
  • Friday 9:00AM - 7:00PM
  • Saturday 9:00AM - 6:00PM
  • Sunday Closed