Hi everyone,
I filed Ch 7 and was discharged in March 2010. I did not reaffirm my auto lease and it was discharged. However, I have been making payments on time and was never asked to surrender the car. I am in California.
My question is whether I can keep making the monthly payments after the lease ends. Payments are quite low and I like the car. Will they bother to repossess if they are still being paid on time? I assume we no longer have a contract but they do have a lein on the car. Eventually I will turn it in, but perhaps not for several years if I have that option.
Thanks in advance for any advice.
I filed Ch 7 and was discharged in March 2010. I did not reaffirm my auto lease and it was discharged. However, I have been making payments on time and was never asked to surrender the car. I am in California.
My question is whether I can keep making the monthly payments after the lease ends. Payments are quite low and I like the car. Will they bother to repossess if they are still being paid on time? I assume we no longer have a contract but they do have a lein on the car. Eventually I will turn it in, but perhaps not for several years if I have that option.
Thanks in advance for any advice.
Comment