Unexpected Benefit: Keep Vehicle Lease in Chapter 13

Wasson and ThornhillVehicles & Bankruptcy

Chapter 13’s main advantage over Chapter 7 with a vehicle lease is that you get much more time to catch up if you’re behind on your payments.   Vehicle Lease Assumption under Chapter 7 Our last blog post showed how to keep a leased vehicle by “assuming” the lease in a Chapter 7 case. This means you keep making the … Read More