Additionally, debts for secured assets such as a home or car are not discharged by filing Chapter 7. (betterbankruptcy.com)
Auto insurance is a means of securing your assets such as your health and your vehicle in a car crash. (autoquotenow.com)
It makes it easier to manage and secure the assets in an institution and also increases the integrity of the data for third parties that might want to verify. (businessinsider.com)