Voluntary Repossession of Leased Vehicle
November 30th, 2009 by Questions
I entered into a voluntary repossession agreement with the leasing company of my vehicle. I was told by the leasor that the vehicle would be accepted back, it would be sold, and then I could be liable for any loss. Is this true? In BC the law is sieze or sue is it not? If it becomes the case, is bankruptcy an option? I am unemployed on EI benefits.
Posted from: British Columbia