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Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston)

State:
Texas
Control #:
TX-O-402
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PDF
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Description

Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston) Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston) is a legal order that is issued to protect a debtor’s vehicle from being repossessed by an auto lender. The order requires the debtor to maintain liability insurance coverage on the vehicle in question and to provide proof of insurance to the lender. Additionally, the order prohibits the lender from taking any action to repossess the vehicle, so long as the debtor is making the required insurance payments. There are two types of Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston): a temporary order, which is valid for a set period of time, and a permanent order, which is valid until the debtor’s Chapter 13 bankruptcy is completed.

Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston) is a legal order that is issued to protect a debtor’s vehicle from being repossessed by an auto lender. The order requires the debtor to maintain liability insurance coverage on the vehicle in question and to provide proof of insurance to the lender. Additionally, the order prohibits the lender from taking any action to repossess the vehicle, so long as the debtor is making the required insurance payments. There are two types of Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston): a temporary order, which is valid for a set period of time, and a permanent order, which is valid until the debtor’s Chapter 13 bankruptcy is completed.

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Texas Chapter 13 Agreed Order Conditioning Automatic Stay (Vehicle Insurance) (Houston)