Another question. I filed Chapter 7 on October 17, 2005. I am a codebtor on a vehicle that I did not reaffirm and have no interest in. It is my understanding that the other debtor has not been making payments on the van and it will likely be repo'd after discharge. Unfortunately, he is a former significant other and is carried under my insurance policy and the van is also included on my policy. Am I obligated to keep him on my policy and the van on my policy until the discharge? I suspect I am at least obligated to cover the van, though covering the other driver does not seem to fall within my realm of responsibilities. Any help appreciated. *Counting the days*
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Filed: 10/16/05
341: 12/29/05
Last day for objections: 02/27/06
Discharged: 03/06/06
Closed: 03/17/06
Post Discharge Credit:
Crown Jewelers - 500 - 04/06
Hooter's MC - 1000 - 04/06
Capitol One - 300 - 05/06
Target Red Card - 200 - 05/06 -
That is a touchy one... Could you be held liable just by your name being on the vehicle if the other party should wreck it and do damage to someone else's property? I don't think so. Then, the other issue is could you be cited or fined for 'owning' a vehicle and not having insurance?Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision. -
you can drop the insurance on the van and on him.
you are not driving the van and cant get in trouble for not having insurance on it.
its your policy and can do with it as you want. he has to get his own insurance for it if he is driving it.
the bk will discharge any debt owed by the car as long as you are not driving it anymore. i.e. you drive it without insurance and hit someone, etc.
but bk doesnt last that long. and insurance doesnt cost that much. you could keep it just in case it would make you feel good.
besdies, if he doesnt live with you then you cant have insurance on him from what i understand. why? i dont know. seems like you should be able to buy insurance for anybody imo.Im not an attorney or a trustee. You cant trust me either though!
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Right but you still want to surrender the plate and/or cancel the registration.Originally posted by bkfilerComment
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