ANSWERS: 4
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I dont believe so, but check with the lease agreement. the car maybe able to be assumed by another family member to take over the lease & relieve the other member of there obligation & not damage there credit.
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No, unless it is specifically stated in the original lease at signing.
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Not unless you bought disability credit insurance on the loan.
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What you have grounds for is making an appeal to the leasing company for some grace. You can turn the car over. what is there to lose? Her credit? Does she need credit? On one hand, I don't see why anyone would assume that she was not of sound mind just because she was 82. My 87 year old mother in law is of very sound mind and makes all her own business decisions. On the other hand, she can't use the car and most companies can be reasonable if you find the right person and take the right approach. Ask the company what your options are and don't stop with the first person to answer the phone. If you are courteous and willing to work with these people, you will be able to work something out. It will not nullify the lease, but it might make the bite a little softer.
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