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They Will reposes it and sell it them make you pay the difference any way.
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∙ 14y ago
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What if your husband files bankruptcy and you have a leased car?
If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car
What can happen if you stop paying your lease payment?
Assuming it is about a car, they will take it away, you will lose your deposit and your credit will be ruined.
What happens if you give up a car before lease is up turn into dealership after 13 months on a 3 year lease?
If you give the car back to the car dealership before your lease has expired, then the lease is over. You stop paying the monthly payments. This is very common in people who want a low monthly payment, thus they get a long car lease and then end up trading back in the car for a new car before the lease has expired.
Where can I find a car lease calculator?
Edmunds is the best site to go to to find a car lease calculator to help you make accurate calculations on what your brother is paying with his car lease payments.
People who lease a car are paying for what?
The reduction in the car's value while they're driving it
Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?
Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.
Is it more cost effective to lease or buy a new car?
It is more effective to buy. If you lease, then you will be paying for the car for a number of years, but will be obligated to either buy the car or get a new one, but all money paid into the lease will be lost. When buying, you have documented ownership.
What can happen if you stop paying your lease payment on your apartment halfway through the lease and you leave the apartment?
The landlord has an obligation to try to rent it. If she cannot, she can sue you for each month, through the end of the lease.
Is it illegal to sell a car on finance and stop paying for it?
Yes
What happens if you stop paying your car loan?
Repo.......homo
Is co-signing on a lease the same as co-signing for a car loan?
It is essentially the same but of course with a lease, your responsible for an amount agreed to be paid rather than paying back a loan.
Does leasing a car increase your debt-to-income ratio?
In theory, an auto lease is the same as renting an apartment or anything else for that matter. If you stop paying the lease payments and return the car, you may have to pay a penalty, but you have not defaulted on a "loan." However, banks and other financial institutions may not see it that way when considering a loan applicant. They may consider the lease obligation as a "debt" and the payments as a monthly obligation. It will depend on the particular institution.
