My divorce was recently finalized. The vehicle I have is a 2000 Dodge Durango, in which the LEASE is in both of our names, but it is my responsibilty. With the divorce happenings and such, I am having a difficult time meeting the monthly payments. I am also considering relocating back to the New England area (and the cost of living is alittle higher - rent), but is still a better overall situation (by the end of the year). I'm considering "voluntarily" informing the lease company that I can no longer afford the vehicle on my sole income. Other than a negative showing on my credit report (repossesion), can the lease company hold me to other legal financial actions? I live in Las Vegas, NV, and the lease company is out of state. I appreciate any information. Thanks.
Troy
Troy