| Author: |
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Becker |
| Date: |
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November 4, 2002 |
| Question: |
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I am leasing a car. Will I lose the car if I declare bankruptcy or will the lease be unaffected?
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From: |
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Ann Clarke, Collins Barrow Limited |
| Date: |
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November 4, 2002 |
| Answer: |
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Generally, secured debts such as leases continue in a bankruptcy. It is the secured creditor's decision whether or not to let you continue to pay and keep the vehicle.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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