I am filing bankruptcy and I put my appliance insurance protection on my credit card, could it be cancelled? 12 Answers as of June 27, 2013

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Law Office of D.L. Drain, P.A.
Law Office of D.L. Drain, P.A. | Diane L. Drain
Yes, if you are not paying the debt.
Answer Applies to: Arizona
Replied: 6/27/2013
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Yes. For non-payment. You could list it on Schedule H and reaffirm it on the statement of intentions, but you would need to get a reaffirmation agreement approved by the court. That might be tricky for an in pro per debtor.
Answer Applies to: California
Replied: 6/27/2013
Danville Law Group | Scott Jordan
The card, yes. The insurance, probably not.
Answer Applies to: California
Replied: 6/26/2013
Weber & Phillips, P.A.
Weber & Phillips, P.A. | John G. Phillips
An executors contract like that can be cancelled in the bankruptcy but in general credit card debt is dischargeable anyway so the credit card balance will be discharged presuming it is more than 90 days old.
Answer Applies to: Arkansas
Replied: 6/26/2013
Heineman Law Office
Heineman Law Office | Jeff Heineman
It may depend on the appliance insurance protection agreement. The company that issued that insurance may only be interested in getting paid. Therefore, you should contact that insurance provider and see if you can make alternative plans to pay for the insurance.
Answer Applies to: Idaho
Replied: 6/26/2013
    Law Office of Thomas C. Phipps | Thomas C Phipps
    You will have to talk to the credit card company and see what their procedure is.
    Answer Applies to: Missouri
    Replied: 6/26/2013
    Deborah F Bowinski, Attorney & Counselor at Law | Debby Bowinski
    Did you pay in full, or is it billed monthly? If it has been paid in full you are fine. If it is billed monthly you will have to ask them I you can pay it directly since your credit card will be closed.
    Answer Applies to: Colorado
    Replied: 6/26/2013
    Idaho Bankruptcy Law | Paul Ross
    You credit card will be closed, but the insurance protection has been paid. The credit card is not going to chase the store you paid the insurance.
    Answer Applies to: Idaho
    Replied: 6/26/2013
    The Law Office of Darren Aronow, PC
    The Law Office of Darren Aronow, PC | Darren Aronow
    Yes, it can be
    Answer Applies to: New York
    Replied: 6/26/2013
    Stuart P Gelberg
    Stuart P Gelberg | Stuart P Gelberg
    If the insurance was paid in full it will not be cancelled. If you stop paying for the ins it will be cancelled for non payment
    Answer Applies to: New York
    Replied: 6/26/2013
    A Fresh Start
    A Fresh Start | Dorothy G Bunce
    If it is an ongoing payment, yes it could be cancelled unless you make other arrangements to continue the payments.
    Answer Applies to: Nevada
    Replied: 6/26/2013
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