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What else can I help you with?
If you are including a leased vehicle in a bankruptcy and need a vehicle that you can afford payments on will you have a tough time getting a loan?
There are some creditors that offer car loans to those who' ve filed bankruptcy.
Does an auto dealer such as Nissan have the right to repo a leased vehicle if the vehicle is not insured?
YES. Read your contract. Does it call for you to maintain ins???
If a vehicle leased to you is being driven by ex-fiance who refuses to make payments can you get it legally repossessed?
IF her name is NOT on the title, you can just go get your car.
What is the residual value of a leased vehicle?
The residual value of a leased vehicle is the estimated worth of the vehicle at the end of the lease term. It is determined by the leasing company based on factors like the vehicle's make, model, expected depreciation, and market conditions. This value is crucial because it helps calculate the monthly lease payments, with lower residual values typically resulting in higher payments. Additionally, the residual value can influence the decision to purchase the vehicle at lease end.
If you voluntarily let a leased car go because you can not afford it following a bankruptcy will they chase you for the remainder of the lease payments or vehicle value?
Joey, that's a good question to ask your B/K attorney. S/He would be more familiar with your states B/K code.
How do you turn in a leased car?
All you do is call a dealer that sell that make. If not leased by the manufactuer call the leasing company for instructions
Is a leased vehicle considered an asset?
Yes, a leased vehicle is considered an asset because it has value and can be used to generate future economic benefits.
Can you return a leased vehicle after one day?
why not.
Can a teen drive a leased vehicle?
No They Cannot.
How can you buy out a leased car when the lease expired and car was repossessed?
When a vehicle gets repossessed it either goes back to the dealer who leased it, or, and more commonly, it is auctioned by the reclamation company. You would need to attend one of these auctions to be able to bid on one, and even then, a lot of times you have to be a licensed dealer to participate. Check on the local regulations and restrictions on the auto auctions in your area.
You just filed for Chapter 13 bankruptcy today and woke up to a tow truck repossessing your leased vehicle is there any way to get it back and do you have to catch up on payments first?
Yes and yes
Can I sell a leased car to a third party in CA without a dealer's license?
no
