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If your thinking you no longer have to make payments, your wrong. Your responcibility to the company is the exact same, it doesn't change because they filed for bankruptcy.

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โˆ™ 2006-05-11 23:15:00
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Q: If a trucking company files bankruptcy and you are leasing a truck from them what is your responsibility to the company?
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What is leasing company?

definition of leasing company

What if you lease a car a month later you find out the leasing company has no record of your account can you keep the car for free or give it back with no consequences?

If you are leasing a car it is your responsibility to make payments. If the Leasing agent does not of record of the agreement it is still your responsibility to the bill, even if you keep the payments in a separate account. It is likely that the paperwork will resurface.

Where can you lease a car?

Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.

When you are in Bankruptcy will a car rental company rent you a car and which company will do that?

Galaxy Leasing will rent a car with bankruptcy , no credit check no credit card 718 207-9492 917 577-5382 you can ask for Alex he is the one that specializes in that dep.. Good Luck.

Do they take back lease cars in a bankruptcy?

An unexpired lease can be reaffirmed or the vehicle can be surrendered. The leasing company will take the car back if you are surrendering it. Keep it insured or you will have to pay for any damage sustained by the vehicle or caused by the vehicle until the leasing company actually takes possession of it.

What is fleet leasing?

Fleet Leasing is a vehicle belonging to a group, or fleet of vehicles that a business is leasing from a third party leasing company. These vehicles are then used by the employees. Fleet management (usually offered by the leasing company) offers the company advice and recommendations on which vehicles to use for their company as well as payment options.

truck leasing company deals on leasing more than one truck?

Most local trucking and equipment rental dealers offer bulk or fleet discounts. Companies like Ryder are known nationwide for commercial truck rentals. Ryder has dealers in most major cities.

If Chrysler goes bankrupt how will this affect your lease from Chrysler Leasing?

It is now out of bankruptcy,

Is the Chevrolet warranty voided if the first owner is a leasing company?

if the firstowner is a leasing company does that void chevrolet,s warranty

Can a leasing company sue you?


What is the leasing companies operating in the Philippines?

First Malayan Leasing and Finance Company is one of the pioneer in the leasing and financing industry in the Philippines.

What is the best semi-truck leasing company?

There are many leasing companies out there depending on your location. This is an excellent article on how to decide on a leasing company that suits your company's needs.

Why would you want to find a company that offers the cheapest car leasing?

Some people are very interesting in saving the most amount of money with car leasing, which is why they would seek out the cheapest leasing company. Looking at company reviews would help the person find a reputable company.

What is leasing company and what is problems of leasing company in India?

A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset.[

Where could one find information on company car leasing?

The best online site to go on for company car leasing is the official lease guide site. They offer a lease calculator, a car leasing guide, leasing pros and cons, a lease formula, and many other features.

What is the cheapest car leasing company in the UK?


Which financial institutions offer car leasing services in the UK?

There is a lot of choice when it comes to leasing a car in the UK. A popular company is Contract Hire and Leasing, Lease Cars Direct and Car4Leasing.

How does employee leasing work?

Employee leasing is simple: all one has to do is simply transfer all employees to a leasing company and then one leases those employees back for a fee. In total a single employee now costs a little bit more - but all the administrative tasks (taxation, payroll etc.) have now to be done by the leasing company.

What are the functions of leasing company?

A leasing company typically rents automobiles and properties to people. It is different than a loan, because in a lease the intention is never to own the property or car, but to rent only.

Why is there raley's and ozark delivery trucks?

Joyce's children Originally owned Ozark Trucking - I am not aware of any changes, but anything is possible. Ozark Trucking provides a number of services for Raley's, one of them being the LEASING of trucks and trailers for Raley's to use in a number of ways.

Can a leasing company consider it a repossession if you turn a leased car in early?

Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank only holds security in the asset.

How can I identify reliable low-rate auto leasing companies? is the one of the most reliable option for it. D&M Auto Leasing is the largest consumer car leasing company in the nation! With more than 30 years of car leasing experience we have perfected the process .

Can I lease using fleet leasing?

In most cases not. But, you would have to contact a company in your area and ask them. It really depends on the company, and what their company policies are.

Where can I find equipment to lease for a small company?

It will depend on the type of company that you are leasing equipment for. Large cities will likely have large leasing companies that make equipment available. You might also consider other options, such as auction houses, that might not offer leasing but may offer cheap equipment that will suit your needs if another company is going out of business for any reason or downsizing its equipment.

How does Car lease takeover work?

A lease takeover is a process where one individual assumes responsibility of another individuals current lease obligation with their leasing company. The lease takeover process can be broken down into two areas: first is the credit application - here the buyer of the lease will fill out a credit application obtained from the leasing company and apply for credit with the leasing company. Typically leasing companies hold stricter standards than just applying for credit at a dealership. Second the buyer and seller will have to sign and notarize the lease takeover documents. These are normally sent to the buyer and seller once the buyer has been approved on their credit. Once the leasing company has received the signed and notarized lease takeover documents and any applicable fees they will process the paperwork through and the buyer can then take the car as they are now responsible for the remaining term of the lease. Note: 1 - Each leasing company is different and has different fees and restrictions on lease transfers / lease takeovers. contact your specific leasing company to get full details on fees and restrictions. 2 - CANADA lease takeovers typically happen at the original dealership therefore the credit application and lease transfer paperwork can be taken care of at the dealership rather than working directly with the leasing company. Therefore CANADA consumers contact your local dealership to do a lease takeover. For more information go to the worlds largest lease takeover marketplace.