Toyota and auto leases in bk
Posted: Mon Aug 19, 2013 4:43 pm
I did. Closest answer I could find was:
11 USC 365(p)(2)(B) states:
"(B) If, not later than 30 days after notice is provided under subparagraph
(A), the debtor notifies the lessor in writing that the lease is assumed,
the liability under the lease will be assumed by the debtor and not by the
estate."
On Mon, Aug 19, 2013 at 1:26 PM, cdcbaa wrote:
> **
>
>
> read 365 p or q.
>
> d
>
> Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503
> 310-328-1001-voice
> [image: cid:part1.03050307.05030101@bklaw.com]
>
> On Aug 16, 2013, at 9:47 AM, Havkin Stella
> wrote:
>
>
>
> They require a lease assumption. They do not repossess.
>
> Stella Havkin
>
>
>
> -----Original Message-----
> Sent: Aug 16, 2013 9:41 AM
> To: Cdcbaa Yahoo Listserv **
> Subject: [cdcbaa] Toyota and auto leases in bk
>
> Anyone have experience in dealing with Toyota Financial with car leases?
> Do they prepare lease assumption paperwork? If a lease is not assumed will
> they repossess the car?
>
> Thanks,
>
> --
> Kirk Brennan
>
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Kirk Brennan
CONFIDENTIALITY NOTICE: This e-mail and any attachments are for the
exclusive and confidential use of the intended recipient. If you are not
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reliance on this message. If you have received this message in error,
please notify us immediately by return e-mail and promptly delete this
message and its attachments from your computer system. We do not waive
attorney-client or work product privilege by the transmission of this
message.
TAX ADVICE NOTICE: Tax advice, if any, contained in this e-mail does not
constitute a "reliance opinion" as defined in IRS Circular 230 and may not
be used to establish reasonable reliance on the opinion of counsel for the
purpose of avoiding the penalty imposed by Section 6662A of the Internal
Revenue Code. The firm provides reliance opinions only in formal opinion
letters containing the signature of a director.
I did. Closest answer I could find was:11 USC 365(p)(2)(B) states:"(B)
If, not later than 30 days after
notice is provided under subparagraph (A), the debtor notifies the
lessor in writing that the lease is assumed, the liability under the
lease will be assumed by the debtor and not by the estate."
The post was migrated from Yahoo.