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Debtor Crashed Car She Wishes to Surrender Right Before
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Your first instinct is correct, however insurance claim is property of the
estate. Don't forget to list that and any possible damage claim against the
other driver.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Donny Brand
Sent: Tuesday, February 02, 2010 4:44 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] Debtor Crashed Car She Wishes to Surrender Right Before
Filing
Client gets into a car accident on a vehicle that she wants to surrender
before filing chapter 7. She files claim with her insurance carrier. She
wants to know if she should turn the car into the body shop and pay the $500
deductible to get the car repaired before she surrenders it.
My first instinct is no why get the car fixed when she is going to
surrender it?
However, I just wanted to double check and make sure there wont be any
problems with her insurance company as a result. Any input?
Thank you,
Donny Brand
Brand & Spellman PC
3836 E. Anaheim St.
Long Beach, CA 90804
562-438-7500
888-99-BKRPT (888-992-5778)
www.brandspellman.com
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Message
Your first instinct is
correct, however insurance claim is property of the estate. Don't forget to list
that and any possible damage claim against the other driver.
David A.
Tilem
Certified Bankruptcy
Specialist*
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