State of Michigan
My wife filed for chapter 7 bankruptcy 10 yrs ago and one of the debts was with Ford Motor Credit. She has good Credit now and I have okay credit. We wanted to purchase a Ford automobile from a ford dealer and we were told they wont finance her due to a $9,500.00 charge off from the bankruptcy. I was told by the sales men that Ford doesn't forgive charge offs very well. My question is... can they use that to keep us from getting a loan legally? I thought when a debtor is relived of debt, it all goes away form the records and cant be used against you in the future