Josh: How about financing a car? How does bankruptcy affect that?

Samira: It’s the same situation. If the Smiths have good credit they’re going to be paying 200 to $250 less a month because they have good credit. They may be able to lease and get more car for their money if that’s convenient for them. But the Jones are going to end up going to a dealership that’s going to offer them 10% or higher in interest rate and they’re paying double for the same car.