Technically, you have to assume the lease in the bankruptcy.
Practically, so long as your payments are current, the lessor
isn't likely to do anything.
--
Brett
************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************
The Small Print: This response is for discussion purposes only. It
isn't meant to be legal advice and you shouldn't treat it as such.
If you want legal advice, speak with a local lawyer familiar with
your state's laws who can review *all* of the facts and the law
applicable to your situation.
************************************************** ***************
<h273@webtv.net> wrote in message
news:17365-3EFCD51A-99@storefull-2332.public.lawson.webtv.net... If you file 7 BK does that affect an auto lease since you have
no equity in the car and it is the property of the lease compny
anyway,could you just keep making the payments? That is my situation.btw never
been late with payment for 21/2 years of the lease. Thanks..
c
06-29-2003, 09:31 PM
Can a creditor put a lien on the leased car? (For the portion of debt not
discharged in 7 BK)
"Brett Weiss" <lawyer@erols.com> wrote in message
news:1Z6dnZyOQeJGaGGjXTWJiA@comcast.com... Technically, you have to assume the lease in the bankruptcy. Practically, so long as your payments are current, the lessor isn't likely to do anything. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** <h273@webtv.net> wrote in message news:17365-3EFCD51A-99@storefull-2332.public.lawson.webtv.net... If you file 7 BK does that affect an auto lease since you have no equity in the car and it is the property of the lease compny anyway,could you just keep making the payments? That is my situation.btw never been late with payment for 21/2 years of the lease. Thanks..
Brett Weiss
06-30-2003, 09:49 AM
Depends on the terms of the lease agreement.
--
Brett
************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************
The Small Print: This response is for discussion purposes only. It
isn't meant to be legal advice and you shouldn't treat it as such.
If you want legal advice, speak with a local lawyer familiar with
your state's laws who can review *all* of the facts and the law
applicable to your situation.
************************************************** ***************
"c" <junk_c@SPAMBLOCKER.com> wrote in message
news:S2PLa.8841$TH4.8770@twister.nyc.rr.com... Can a creditor put a lien on the leased car? (For the portion of
debt not discharged in 7 BK) "Brett Weiss" <lawyer@erols.com> wrote in message news:1Z6dnZyOQeJGaGGjXTWJiA@comcast.com... Technically, you have to assume the lease in the bankruptcy. Practically, so long as your payments are current, the lessor isn't likely to do anything. -- Brett
************************************************** *************** * Personal Injury/Malpractice
Bankruptcy * *
* * BRETT WEISS, P.C.
* * Attorneys at Law
* * Maryland, D.C. and Federal Bars
* * lawyer@erols.com
* * http://www.erols.com/lawyer
* *
* * Small Business Estates & Estate
Planning *
************************************************** *************** The Small Print: This response is for discussion purposes
only. It isn't meant to be legal advice and you shouldn't treat it as
such. If you want legal advice, speak with a local lawyer familiar
with your state's laws who can review *all* of the facts and the
law applicable to your situation.
************************************************** *************** <h273@webtv.net> wrote in message
news:17365-3EFCD51A-99@storefull-2332.public.lawson.webtv.net... If you file 7 BK does that affect an auto lease since you
have no equity in the car and it is the property of the lease compny anyway,could you just keep making the payments? That is my situation.btw
never been late with payment for 21/2 years of the lease. Thanks..
c
06-30-2003, 07:53 PM
Thanks Brett, what terms would allow for the lien? Any idea how to find out
the terms?
"Brett Weiss" <lawyer@erols.com> wrote in message
news:y7GcnZ5FZNaI952iU-KYvA@comcast.com... Depends on the terms of the lease agreement. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** "c" <junk_c@SPAMBLOCKER.com> wrote in message news:S2PLa.8841$TH4.8770@twister.nyc.rr.com... Can a creditor put a lien on the leased car? (For the portion of debt not discharged in 7 BK) "Brett Weiss" <lawyer@erols.com> wrote in message news:1Z6dnZyOQeJGaGGjXTWJiA@comcast.com... Technically, you have to assume the lease in the bankruptcy. Practically, so long as your payments are current, the lessor isn't likely to do anything. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** <h273@webtv.net> wrote in message news:17365-3EFCD51A-99@storefull-2332.public.lawson.webtv.net... > If you file 7 BK does that affect an auto lease since you have no equity > in the car and it is the property of the lease compny anyway,could you > just keep making the payments? That is my situation.btw never been late > with payment for 21/2 years of the lease. Thanks.. >
