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). It is a secured loan that isn't discharged in bankruptcy (cram downs do occur, but that probably would not apply). The recommendation to obtain a car loan before bankruptcy isn't that unusual. The interest rate will be high after bankruptcy, but it isn't true that you can't get a car loan after bankruptcy.
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