Better still, should you come out on the wrong end of a bankruptcy or lawsuit, your insurance policy, including the savings component, will remain out of reach of any creditor — unlike your house, bank account, or RRSP. (moneysense.ca)
As long as you can make your plan payments, you get to keep the car and at the end of the bankruptcy, the lender must turn over clear title to you. (bankruptcyhi.com)
Your legal obligation to repay the loan will be discharged at the end of the bankruptcy, but you can always choose to pay the full balance afterward. (natlbankruptcy.com)