A new issue

[indigoblue]

We included our pickup and camper trailer in our BK AFTER we converted to a 7 from a 13. They were financed through our local credit union. We were discharged in July and they are just now contacting us about getting them. My question is this. Are we still responsible for having them insured or is it now the issue of the credit union?

[indigoblue]

anybody?

[BBW]

I would asume as long as you have them, you would have to have them insured. But I'm not 100% sure

[2manybills]

anybody?

I would be nervous to not have insurance on something that was still in my possession. That's just me though. I work in the legal field, so I'm ultra-paranoid about that kind of thing. Having said that, I don't think you are obligated to keep insurance on the car if it is the bank's property technically. Maybe you could notify the bank in writing and file a "notice of release" of liability with the DMV? Again, I'm really paranoid about that stuff!

[lifelesson]

I think the little extra it is going to cost to insure them till gone. keep them covered. You don't need more headaches.

[indigoblue]

I have kept them covered. Thanks!

[pookieny]

I still have my car that I included in BK and waiting to hear when they will come get it. I still have it insured.