http://www.bankruptcylawnetwork.com/2007/05/19/gap-insurance-debt-cancellation-agreements-and-bankruptcy/ Real Lawyers, Real Solutions Thu, 11 Mar 2010 21:25:57 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.bankruptcylawnetwork.com/2007/05/19/gap-insurance-debt-cancellation-agreements-and-bankruptcy/comment-page-1/#comment-25190 Buying A New Car? Watch Out For Dealer Added Insurances! Part One : Bankruptcy Law Network Tue, 30 Oct 2007 04:42:05 +0000 http://www.bankruptcylawnetwork.com/2007/05/19/gap-insurance-debt-cancellation-agreements-and-bankruptcy/#comment-25190 [...] can range from GAP (Guaranteed Automobile Protection) insurance, disability insurance (often referred to as “credit insurance”) and extended [...]

]]> http://www.bankruptcylawnetwork.com/2007/05/19/gap-insurance-debt-cancellation-agreements-and-bankruptcy/comment-page-1/#comment-1996 on the Bankruptcy Soapbox » Blog Archive » Car Loan Amendments Hit Potholes Sun, 20 May 2007 17:38:17 +0000 http://www.bankruptcylawnetwork.com/2007/05/19/gap-insurance-debt-cancellation-agreements-and-bankruptcy/#comment-1996 [...] Bankruptcy lawyers have started analyzing all the things that the “car loan” bought: there is GAP insurance (protecting only the lender from the gap between the car’s value and the debt); there’s the unpaid loan balance on a trade in; there are various kinds of warranties, etc. All of these other things muddy the waters as to whether the lien in question is a “purchase money security interest” under state law. [...] [...] Bankruptcy lawyers have started analyzing all the things that the “car loan” bought: there is GAP insurance (protecting only the lender from the gap between the car’s value and the debt); there’s the unpaid loan balance on a trade in; there are various kinds of warranties, etc. All of these other things muddy the waters as to whether the lien in question is a “purchase money security interest” under state law. [...]

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