Auto Loan during or after a Bankruptcy
A personal bankruptcy does not mean the end of your access to a car. At Prêt Auto Québec, we have helped hundreds of Quebecers get auto financing — even during bankruptcy or upon discharge. Our specialists know the lenders who accept these files.
During or after bankruptcy — we have a solution
Every situation is unique. Here is what we can do for you based on your current stage.
During active bankruptcy
If your bankruptcy is still active (not discharged), some specialized lenders can still approve you, especially if you have a stable and regular income.
- Stable income required (employed, self-employed, pension)
- Trustee authorization possibly required depending on the case
- Down payment often advantageous
- Used vehicles accessible
- Amounts based on repayment ability
After discharge
As soon as you are discharged from bankruptcy, you can apply for an auto loan. Conditions improve over time, but our lenders accept applications from the first year after discharge.
- Approval possible from the 1st year post-discharge
- Improved rate after 2 years
- Wider vehicle selection
- Accelerated credit rebuilding
Documents generally required
Depending on your exact situation, our advisors will guide you on the specific documents needed.
ID
Valid driver's license or passport
Proof of income
Recent pay stubs or notice of assessment
Proof of residence
Recent bill or lease in your name
Discharge documents
Bankruptcy discharge certificate (if available)
References
Personal or professional reference contact info
Bank statements
Last 3 months of bank statements
Our simplified process
Online application
Fill out our secure form — 5 minutes
Personalized analysis
Our specialists review your file within 24h
Find the right lender
Access to our network of bankruptcy-specialized lenders
Pre-approval
Clear response on amount and terms
Vehicle delivery
Choose from 300+ vehicles in inventory
Frequently asked questions — bankruptcy and auto loan
Bankruptcy auto financing in Quebec — our specialty
At Prêt Auto Québec, we specialize in auto financing for people who are experiencing or have experienced a personal bankruptcy in Quebec. Our network of specialized lenders allows us to go where traditional banks and dealerships cannot.
Whether you are in active bankruptcy or recently discharged, our advisors will analyze your file and find the best option available. The auto loan after bankruptcy is also one of the most effective tools to quickly rebuild your credit.
Our other credit solutions