Hi,
We are trying to extend our Honda car lease.
We filed for Chapter 13 in April this year. However, although Honda is listed as a creditor on our filing, the lease was outside the bankruptcy as we planned and have continued to make payments on it, per advice of our attorney.
We wanted to extend the lease as we have done before on leases but they would only agree to a one month extension whereas normally they will extend up to 6 months. Obviously, bankruptcy is the issue.
After speaking with their bankruptcy department, they said that because of CH13, we are "no longer the responsible party" as per our lease agreement so they will not extend further. That's rather confusing being as 1. we have continued to make our full payment directly to them and not via the trustee and 2. if we are not the responsible party, then who is? They gave us some other confusing info as well so we asked to speak with a supervisor but they will not allow us to escalate as it does not meet their criteria to do so, whatever that is.
Has anyone else had a similar experience and/or have any suggestions how we should proceed? We'd really like to keep the lease for now and not try and purchase a car.
Thanks in advance to everyone!
We are trying to extend our Honda car lease.
We filed for Chapter 13 in April this year. However, although Honda is listed as a creditor on our filing, the lease was outside the bankruptcy as we planned and have continued to make payments on it, per advice of our attorney.
We wanted to extend the lease as we have done before on leases but they would only agree to a one month extension whereas normally they will extend up to 6 months. Obviously, bankruptcy is the issue.
After speaking with their bankruptcy department, they said that because of CH13, we are "no longer the responsible party" as per our lease agreement so they will not extend further. That's rather confusing being as 1. we have continued to make our full payment directly to them and not via the trustee and 2. if we are not the responsible party, then who is? They gave us some other confusing info as well so we asked to speak with a supervisor but they will not allow us to escalate as it does not meet their criteria to do so, whatever that is.
Has anyone else had a similar experience and/or have any suggestions how we should proceed? We'd really like to keep the lease for now and not try and purchase a car.
Thanks in advance to everyone!
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