Bankruptcy Basics: Vehicle and Other Repossessions; Automobile Leases
The Act prohibits creditors from repossessing property such as cars or furniture without a court order if the servicemember paid a deposit or made an installment payment on the contract before entering active duty.
The Act gives the servicemember the option of terminating a vehicle lease upon entering active duty in certain circumstances. This right applies to any vehicle used or leased for use by the servicemember or a spouse or dependent.

