Greetings my friends!
So, I made the plunge and had to file for bankruptcy after a job loss as I described in another post. Good news is I'm gainfully employed again - bad news is I'm bankrupt and my credit is busted now. :-)
So question - I currently have a lease with Lexus (I am assuming the lease in the BK and continuing to make current monthly payments) and soon I want to trade in and get a bigger car, I need one now. I was told when purchasing it that Lexus financial is very forgiving towards damaged credit IF you don't burn them or anything. How true is this statement? I would like to trade up within a year or so and I don't want to waste my time if it's a crapshoot.
Thoughts?
