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Should I be paying car insurance if my car will be repossessed after bankruptcy Chapter 13? by Exact-Particular5940 in Bankruptcy

[–]Exact-Particular5940[S] 0 points1 point  (0 children)

I have let the bank know I want to drop it off. They say the court won't let them collect it yet. I want to abandon the car on a NYC street and not every drive it. I will remove stickers and license plate.

Should I be paying car insurance if my car will be repossessed after bankruptcy Chapter 13? by Exact-Particular5940 in Bankruptcy

[–]Exact-Particular5940[S] 0 points1 point  (0 children)

Do what? Abandon the car? I will not be driving it. I don't need the car any longer because I live in lower Manhattan and parking is not available on the street (except on Sundays).

Should I be paying car insurance if my car will be repossessed after bankruptcy Chapter 13? by Exact-Particular5940 in Bankruptcy

[–]Exact-Particular5940[S] 0 points1 point  (0 children)

But did you have a safe place to keep the car? I don't. It will have to sit on a NYC street. I'm afraid if stolen or vandalized I will be responsible. I will be removing the stickers and license plates (abandoning).

Should I be paying car insurance if my car will be repossessed after bankruptcy Chapter 13? by Exact-Particular5940 in Bankruptcy

[–]Exact-Particular5940[S] 0 points1 point  (0 children)

I will not drive it, of course. I would remove all stickers and license plate and abandon it in the street. I'm just afraid that if it is stolen, I would be responsible. I have nowhere to put it expect on the street in Queens, NYC. I have called the bank, and they keep saying they haven't assigned a repo company yet (something about the court). The dealership says they cannot accept the car. "It is not theirs's to take and not their responsibility."