To determine whether a “lease” is actually a disguised secured purchase the bankruptcy court looks at the deal’s economic substance.
A “lease” of furniture or other consumer goods may actually be a disguised purchase. If so, through “cramdown” you can pay much less on it.
Leases of consumer goods–furniture, appliances, electronics–are like vehicle leases: you can “accept” or “reject” them.
Want to keep your leased vehicle but aren’t current on the payments? File a Chapter 13 case if you can’t get current right away.