When can I purchase a car or acquire other assets such as a boat, home, etc. after bankruptcy?

When can I purchase a car or acquire other assets such as a boat, home, etc. after bankruptcy?

 

Before your discharge from bankruptcy, you are permitted to lease or purchase assets, as long as the finance company is aware of your bankruptcy (if leasing), or that you are using your exempt income as calculated by the trustee (if purchasing).   However, in general it is best to refrain from purchasing new assets until your discharge, as the trustee may consider them after-acquired assets available to the estate for realization.

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