How long will it take Chrysler to repo my car after lease expired and my bankruptcy was discharged?
ericka asked:
I live in Arizona, my bankruptcy was discharged November 4, 2008. My car lease was included in the bankruptcy. I made my car payments until Oct. 2009 when the lease expired. I am not making the payments now and tried to buy the car from them, but they want 6 thousand more than its worth. How long will it take them to repo the car without making payments?
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I live in Arizona, my bankruptcy was discharged November 4, 2008. My car lease was included in the bankruptcy. I made my car payments until Oct. 2009 when the lease expired. I am not making the payments now and tried to buy the car from them, but they want 6 thousand more than its worth. How long will it take them to repo the car without making payments?
November 13th, 2009 at 11:26 pm
usually by the third month without payment the car company with repot it. They usually send many notices that if payment is not paid they will come and get it. Nicholas
November 15th, 2009 at 9:02 pm
usually after the first payment period is missed/aaaagghhhhhh why dont you take it back and turn it in like you contracted for????? ken k
November 16th, 2009 at 7:53 am
30 to 90 days rick b
November 16th, 2009 at 11:29 pm
If you leased the car you are SUPPOSED to return it after the lease expires, not keep it. That’s theft. The police may have a bench warrant out for you, C-Tech
November 18th, 2009 at 10:49 am
I’m guessing that you listed the lease to be assumed in the bankruptcy, that means it’s as if you didn’t even file the BK.
Drive the car to the dealership and return it today.
Otherwise, you could hire a reposession firm to come pick it up.
But that’s an expensive route.
I phrase it as such because you will be responsible for all collections fees when they sue you for forcing them to do that to you. Dark Green Money
November 21st, 2009 at 1:56 am
A lease is much different than a bank lending you money for a car.
You signed an agreement/contract with Chrysler to barrow/lease something they had that you needed. In simple terms they let you barrow the car for $xxx per month, for xxx period of time, after that, you agreed to return it or buy it.
Well, by not giving it back or buying it as you agreed to do, they could very well have you charged with Grand theft, intent to defraud and breach of contract, its that simple.
There are alot of suggestions in other answers here. You’re breaking the law. Consider consulting with a legal adviser or an attorney. They will tell you the same thing…. return the property as soon as possible. Crazy