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Car insurance in Ch 13

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    Car insurance in Ch 13

    My car payment now comes out of the Ch 13 plan payment.
    is full coverage insurance still required?

    #2
    Yes.

    Comment


      #3
      As NoMoney30 wrote, absolutely. It's required under what's known as "adequate protection" which makes sure that the lender/creditor is protected from perils as well as depreciation.
      Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
      Status: (Auto) Discharged and Closed! 5/10
      Visit My BKForum Blog: justbroke's Blog

      I am not an attorney. Any advice provided is not legal advice.

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