Bring all the payments up to date.
YES - the fact that the original term of the lease had past has nothing to do with it since the payments weren't made.
No. Once a cosigner has signed the contract the only way they can be removed from the responsibility is a new agreement being made without the assistance of the original cosigner.
The legal responsibilities of a cosigner on a lease agreement are the same as the tenant without the benefit of tenancy.
Yes. That's the idea.
Yes, all the bank cares about is that someone is making the payments.
As soon as a lease expires on a vehicle that you have in your possession or you default on one of your car payments, the owner has the right to have your vehicle repossessed.
Yes, corporations can deduct lease payments. Property lease payments and vehicle lease payments are deductible in the year paid or accrued.
When the lease expires