DAC Question on Abandonment

You will get more and better advice if you start another thread.
Good luck

 

Document everything and then just walk away.
Once your out of sight,then you can run to your next company .

 

It's a sad state of affairs when one cares more about dac, then a credit report.

 

Why because they already have bad credit and are worried if the bad DAC with prevent them from getting to sign another lease purchase sham?

 

If the company you currently work for participates in DAC, then yes it will most likely be recorded as an abandonment.

 

My best advice would be talk to a loan officer, or a trucking lawyer. Free consultation. I have never seen this scenario. I would imagine if you voluntarily relinquish the vehicle, it would go on DAC as a Termination of Lease.

 

Probably the best outcome you can hope for.
If you plan on the company lease again it might make it a bit harder. Thing it, it likely would not as you got the hit on your credit report, and that will be looked at more than a dac report when leasing or buying a different truck. If you plan on going company, well it has no bearing on you being a company driver so no harm / no foul.

So no, most companies will not see it the same as abandonment.