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Tag Archives: car-lease

We Are Going Through Bankruptcy to Get Back to Saving. – Jim

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“Dear Steve, We have been through the ringer, especially the past couple of years and have resolved to go through bankruptcy so that we can get back from minimum monthly payments to saving. My question is, what is the best way to handle car leases in bankruptcy. We have 2 leases and after looking at our budget without emotions getting ... Read More »

Should We Sell the Jeep and Lease the Mercedes Benz? – Evon

A 2011 Mercedes ML 350.

“Dear Steve, Have a upside down car sitting in my garage and cannot decide which way is best to get rid of it? I have a ML 350 that I am leasing for $674 per month. My lease is up 3/15. My husband has a Jeep Wrangler that we pay $405 per month. He owes $21,000 on it. He had ... Read More »

My Mom Has Been Car Leasing But Her Arthritis Keeps Her From Driving.

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“Dear Damon, My mother is 84 years old she cannot drive the car she leased any longer what are her obligations to the cadillac dealer for the remiaining payments she also has minimum income…she has a letter from her doctor that she can longer drive due to her arthritis. please advise..does she need to pay up teh remaining lease payments??? ... Read More »

My Dad Cosigned for My Car Lease I Can No Longer Afford. What Should I Do? – Annilette

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Annilette “Dear Steve, My situation is that i lost my job couple of months ago. I had just moved and I have a car that I leased 2 years ago but havent made payments on it for 3months now. my dad is the co-signer and I didn’t mean to hurt his credit, but my dad understands that the economy is ... Read More »

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