Man Seeks $90K Loan for Electric Hummer Just One Week After Filing Bankruptcy, Sparking Outrage

A man drew widespread attention after attempting to purchase a $90,000 GMC Hummer EV with zero down payment just one week after filing for bankruptcy. A phone call recording posted on TikTok by a car salesperson revealed that the man claimed to have recently founded a company and intended to use it to secure financing for the vehicle, while also requesting a $1,000 discount. However, the dealership pointed out that his personal credit had just undergone bankruptcy and his new company had no credit history, making loan approval "virtually impossible." Despite this, at the man's insistence, the salesperson still submitted the application. Netizens widely questioned whether his actions constituted fraud, arguing that making such a large purchase during bankruptcy proceedings defied common sense. Legal experts emphasized that bankruptcy does not eliminate the lender’s secured interest in a vehicle loan—if payments stop, the vehicle can still be repossessed. Furthermore, a bankruptcy record severely damages one’s credit for 7 to 10 years, making it extremely difficult to obtain a standard auto loan in the near term.