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questions regarding vehicle surrender, checking accts after BK

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    questions regarding vehicle surrender, checking accts after BK

    I filed CH7 a few weeks ago, and my 341 hearing is in 2 weeks. I plan on surrendering one of my cars financed with USAA. My car insurance is also via USAA, as well as my checking, and a CC that is part of the bk. I lost online access to my USAA accounts, which is terribly inconvenient. I have two questions.

    1. I am buying an old car from my parents around the time of my 341. I'd like to park the car I want to surrender in my garage until they are ready to get it. Am I safe dropping insurance on that car? Can USAA do anything to me? It won't be driven after I get this other car, and it makes no sense to keep insurance on BOTH.

    2. I'd like to open an account at a local CU so I can have online banking again. Will they open an account for me even though I'm in bk? I don't believe I'm in chex systems, but I don't know for sure.

    Looking forward to having this behind me.

    #2
    We turned in our cars also and instead of them coming to get it, we took it to them and signed off on it. Canceled insurance that day. I wouldn't cancel if you still have the car.
    Filed 8-21-09
    341 10-9-09
    12-14-09 Discharged
    12-29-09 CLOSED!!!

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      #3
      Yeah don't cancel until its surrendered, if you want to cancel just call the lender and make arrangements to drop off vehicle it is a simple process
      Filed Chapter 7 September 25, 2009
      341 November 2, 2009
      Final Day for Objections 1-1-10 (Happy New Year!)
      Discharged 1-4-10

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        #4
        Although you are not driving the car and plan to have it parked in a garage until it is returned to them, keep insurance on it. Bad things still happen to vehicles we "think" are safe. (Fire, theft, damage, etc...)

        I actually drove mine to the dealer and dropped it off. You might be able to do that as well.
        8-07-09-filed Chapter 7
        11-18-09-DISCHARGED!!

        Life is not what challenges you face, but how you face those challenges.

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          #5
          Cool. I'd prefer to drop it off anyway, to avoid the awkward repo-scene in my neighborhood.

          thanks for the input

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