A free guide for New Jersey residents considering bankruptcy. Filed in D.N.J..
You have 60 days after filing to decide whether to assume (keep) or reject (surrender) your car lease. If you are current on payments, you can typically keep the lease by assuming it. If behind, rejection discharges the remaining obligation. Lease buyout may be an option if you want to own the vehicle.
Filed in D.N.J.. Courthouse: 50 Walnut St, Newark NJ.
You have 60 days after filing to decide whether to assume (keep) or reject (surrender) your car lease. If you are current on payments, you can typically keep the lease by assuming it. If behind, rejection discharges the remaining obligation. Lease buyout may be an option if you want to own the vehicle.
Yes. This applies to D.N.J.. Local trustee practices may vary. Consult a qualified attorney.
50 Walnut St, Newark NJ.
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