How does a bankruptcy affect a car lease?

Question

How does a bankruptcy affect a car lease?

Answer 1

Same as we answered your question yesterday...if you file for bankruptcy and you don't include it in the bankruptcy, you lose it to a repossession. If you include it in the bankruptcy and re-affirm on the loan and continue to pay on the loan like usual, nothing will happen except that you'll pay it per the normal circumstances. Are you filing a chapter 7 or chapter 13??? or do you know yet? An attorney is the one that can tell you for sure what will happen, and you can check in your area to find one that will see you on a free first consultation.