Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can i file for some kind of bankruptcy if i just purchased a car in January 2009? - You can file for anything you'd like but only a qualified attorney can advise you if you qualify for bankruptcy. You may have to reaffirm the car note if there's no equity in the car and you're current on the payment but once you do that, you can't file on it and you could lose it to repossession. Depending on the state, attorney, trustee, and/or judge you may be able to keep the car or you may have to get rid of it. I am sorry that I can't give you an answer for your situation but none of us can. There are many variables. There's also the Chapter 7 or 13 option that you may or may not qualify for, if at all. Bankruptcy should be a last resort option for you. Why not save your reputation and talk to a qualified consumer credit counseling service FIRST? The site below is free. Your debts won't go away by themselves so you need to take action: -