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Insurance on assets being surrendered

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    Insurance on assets being surrendered

    Surrendering a boat in my bk13 and the last installment for the insurance was in the mail today. Should I call and cancel it and say it is being surrendered or keep it in place until they actually repo it? It is actually worth more than what the remainder of the payments are. Have about $2,000 equity in it. I doubt I will recieve any money that is "profit" for the bank when they sell it.
    Filed July 2009. Discharged 08/08/2014. Awaiting closing. We made it !!!! Woo-hoo!

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