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Absolutely not! If you are still using the vehicle, it must be insured. However, the insurance payment would not be covered by the bankruptcy.
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∙ 18y ago
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What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Can i cancel flood insurance if i have a mortgage?
If your property is in a flood plain or your mortgagor requires flood insurance, no, you cannot cancel flood insurance.
Can you get a used car loan if you recently filed for bankruptcy?
You are going to need approval from the trustee handling your finances, but you can get a used car loan if you recently filed for bankruptcy. There will be drawbacks though: e.g. the interest rate and insurance rate will be significantly higher.
Can you legally loan your car to a friend if it's insured to you?
You can legally loan your car to a friend, if you own it, but be prepared to pay for any damages done to or by your friend, because your insurance won't and they might cancel your policy. You must inform your insurance carrier if other persons will be driving your car.
Can you get an insurance license after bankruptcy?
It depends on the bankruptcy... In NJ, if it is a personal bankruptcy & didn't involve any breach in fiduciary responsibility or money of insurers or insureds then it will not prevent one from renewing or attaining an insurance license.
If your car is stolen can you cancel your insurance?
I Think You Can Cancel Your insurance....idk That's Just My Guess..
What do you do about your car insurance once your car is repossessed?
Cancel your policy.
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
Should you cancel the car insurance on a repossessed car in NJ?
yes
If you no longer drive a car and cancel your insurance will your recordrate get better or will it essentially stay the same due to not being insured during that period?
It is not going to make a difference if you cancel your insurance or not. If you drive a car, you must have car insurance.
Will filing bankruptcy affect your car insurance?
I have file for Chapter 7 twice and it has had no effect on my car insurance.
What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Can you cancel your car insurance policy?
You sure can cancel your insurance policy BUT you might not want to. In our state insurance is required to drive a car or truck and you can be fined and lose you drivers license if your caught driving without insurance. I would question the wisdom of cancelling your insurance
I am traveling for 6 months out of country. Is there a car insurance plan for this?
If you are taking your car, you will have to contact your insurance agent. If you are not taking your car with you, you could cancel your insurance for the time you will be gone.
Should you cancel the car insurance on a repossessed car in Florida?
Yes of course you should!
Do car insurance companies have to give your car back or compensate if they cancel your policy?
Give your car back
You are filing for bankruptcy and the car is in your name only for insurance purposes and you use it to take your disabled mother about Can it be taken in bankruptcy?
No!
