I filed bankruptcy in 2005. I need a loan - will I be approved if I have a co-signer with good credit?

Question

yes, it was discharged in April 2005

Answer 1

was it discharged ? doesnt matter ...... they are giving financing to anyone these days , or go to a buy here pay here , no credit check

Answer 2

Depends on the kind of loan you are looking for, the status of the Bankruptcy and the bank. If you are still in the bankruptcy you will need a letter from your trustee stating the terms under which you can purchase something. If the bankruptcy has been discharged and everything is in good standing otherwise you might not need a co-signer. Otherwise it will depend on the type of loan.  

Answer 3

That depends on the bank.  But remember, if you don't pay your bill on time, it's going to come back on your co-signer.  That's why co-signing is not a good idea.