And - another argument in favor of NO car loan. If he gets the loan and then declares bankruptcy he probably won't be able to discharge it - you can't just load up on debt and then plan to turn around and discharge it all in BK. That's considered fraudulent. And he won't be able to get a car loan after bankruptcy for a while (a few years).Obviously, based on my posts above, I already think a car loan would be an awful idea. But BK makes it even more complicated and difficult.
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