Kristen

This is a discussion on Kristen within the Bankruptcy Law Questions forums, part of the Legal Questions & Answers Forum category; when filing bankruptcy would I lose my car that is leased...

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  1. #1
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    Kristen

    when filing bankruptcy would I lose my car that is leased


  2. #2
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    when filing bankruptcy would I lose my car that is leased...

  3. #3
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    Kristen,
    A lease contract is an executory contract (performable by both parties at some time in the future) so with the lease car, under the Bankruptcy Code, you either surrender the car and the debt, or you pay the car according to the terms of the lease.
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