Legal Question in Credit and Debt Law in Massachusetts

Car lease dilemma
5 years ago, my fiance co-signed a lease with his father with the understanding that his father would pay the bills. To make a long story short, his father did not fulfill his obligations and although the truck has been turned in, there is a $2300 balance due. My fiance wants to take care of this debt, but does not have the full amount. The collections agent that he spoke with said that he could not work out a payment plan. My fiance has no assets, no car, and no property to repossess and just started a new job. He is more than willing to pay as much as he can a month until the balance is paid, but if the company is not willing to work with him, what can he do?

Asked on 1/25/01, 3:21 pm

Michael Baldassarre Law Office of Michael J. Baldassarre

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Re: Car lease dilemma

A lawyer can often work out a deal for a lump sum settlemetn or monthly payments

with a creditor such as this one. Call if you are in teh North Shore Area and would like a free consultation

(978) 465-5158

Answered on 3/09/01, 5:46 am

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