My wife and I have to leased cars that we are planning to turn in after the discharge. One is from US bank and the is Honda. How long does it typically take for them to tow it after you start not making payments?
-
-
not sure about those, but i stopped making payments on my truck about 7 months ago and its still sitting in my driveway
-
I turned mine in 2 months after.Filed: 6-7-2010 341: 7-15-2010 DISCHARGED: 9/17/2010
Comment
-
I made the last payment on the car in January of 2009. The car disappeared on August 2, 2009. I was only able to make two whole payments on the car. I was so surprised that they let me keep it that long because of that. I think they gave me so many months because they knew with only two payments in, they would lose too much so they were extra patient with me.Comment
-
I didn't stop making payments on mine until I filed. Then I turned it in about a week after discharge. I didn't want to risk a tow truck showing up at my house. My nosy neighbors don't need to know all of our financial details.Wife Laid off - 11/16/2009 Missed First Payments - 12/5/2009
Filed Chap 7 - 12/31/2009
341 - 2/12/2010
Discharged - 4/19/2010Comment
-
It really depends on the lien holder. Most will instigate repossession action once you're 60 days past due and have failed to make any sort of repayment solution.The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.Comment
Comment