Legal Question in Credit and Debt Law in New York
car lease
I had leased 2 cars, 1 undr my name the 2nd under my wifes name my wife passed away 5 months ago the money comes out of my checking account electronicly,and separatly i do not want her car,i have 1 yr left on the lease am i legally obligated to pa balance----what i would like to do is stop paing and let them pick it up---is it my responceability.
Asked on 5/01/08, 12:31 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: car lease
A lot of times the car leasing company will cancel the lease upon death and retrieve the car. I would contact the car leasing company and explain the situation.
Mike.
Answered on 5/01/08, 1:35 pm