You should discuss it with your bankruptcy attorney if you are considering buying or trading in a car during or close to bankruptcy. What about later? Many people wonder whether they can qualify for in terms of auto financing, following bankruptcy. As with all credit decisions, it depends on the financing company who will typically look at several factors. Depending on how long ago you filed, you may have to pay higher interest but the same holds true to people who have bad credit or too much debt. See also Tips for Buying a Car after Bankruptcy.