Tips on Buying Cars: Buying a new car after filing Bankruptcy, filing bankruptcy, repossesions

Question
I recently got into a car accident and my car was a total loss. I also just recently filed Bankruptcy, which has already been discharged, and I know its going to be very difficult because my APR is going to be ridiculous. I'm planning on applying for an auto loan through my company credit union, but what are the chances of them actually even approving me? I've never had any repossesions, just the bankruptcy. I'm a wreck over all this because I need a vehicle yesterday. Any suggestions?

Answer
First of all I am sorry to hear about your accident and having to file a bankruptcy. The good news is that there is plenty of help out there in the market. I think it is a great idea to try your credit uion first. Many times credit uions will help you if you have been with the company for a long time. However your intrest rate will be higher because of the bankruptcy. Years ago everyone had to pay 21 percent after a bankruptcy and there was no other options. Today there are plenty of options. If your credit union tells you no pick a place where you want to buy a car.  Call them before you go to the dealersip. Get the loan approved before you go to the dealership. Take control and demand to know the intrest rate before you go the dealership. If your not happy with the rate.  Keep shopping. You have many options. You are the customer. Good Luck and God Bless.