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Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
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is your credit affected after you turn in a leased van that

Customer Question

is your credit affected after you turn in a leased van that has over the miles that you did not reafirm? What is the possible damage to your credit?
Submitted: 6 years ago.
Category: Bankruptcy Law
Expert:  Ellen replied 6 years ago.

So sorry to hear of your dilemna. I will strive to provide you with legal information to assist you.

I am a lawyer with 25 years experience. Although I am not your attorney, I hope that I can give you helpful legal information on this open and nonconfidential forum.

Did you file a chapter 7 bankruptcy?
Customer: replied 6 years ago.
Expert:  Ellen replied 6 years ago.

Thank you for your information.

Since you received a chapter 7 bankruptcy discharge and did not reaffirm the lease, your liability under the lease agreement has been discharged. Therefore there should be no further effect on your credit when you turn in the leased van