Wife wants to keep a leased car
My wife will want to keep a car we have been leasing since early last year. What are the odds that my poor credit (and possible BK) could affect her ability to keep the car? We are both on the note and all payments are current.
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Filed Joint, No Asset, > $100,000 Unsecured Ch.7 6/7/13 ~~ 341 Meeting 7/15/13 ~~ Discharged 9/16/13 !! -
Regardless of your situation if you keep paying for the vehicle there should be no reason for them to come and take it. -
Thank you for answering, and sorry my question was too vague.. bear with me.. what I meant was she wants to keep the car AFTER the lease is up in 2011.Originally posted by ansky0007 View PostFiled Joint, No Asset, > $100,000 Unsecured Ch.7 6/7/13 ~~ 341 Meeting 7/15/13 ~~ Discharged 9/16/13 !!Comment
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Honestly I dont know why you would want to keep it.. Most likely the car would be worth much less than the buyout price. In any case it would be no different than getting any other car loan. If you BK now you should be fine to get a loan in 2011.Originally posted by Pizza View PostComment
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It's just a good reliable vehicle (which she really needs for her line of work) and we fear that if we return it at the end of the lease we will have a horrible time trying to finance its replacement.Originally posted by ansky0007 View Post
I hope you're right, I hope she has no problems. I'm just worried, that's all.Filed Joint, No Asset, > $100,000 Unsecured Ch.7 6/7/13 ~~ 341 Meeting 7/15/13 ~~ Discharged 9/16/13 !!Comment
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