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During the foreclosure process, homeowners' maintain an obligation to secure property insurance. (Newscom photo by Dennis Brack/Black Star) During the foreclosure process, homeowners’ maintain an obligation to secure property insurance. (Newscom photo by Dennis Brack/Black Star)

Analysis brought to you by the experts at FC&S Online, the recognized authority on insurance coverage interpretation and analysis for the P&C industry. To find out more — or to have YOUR coverage question answered — visit the National Underwriter website, or contact the editors via Twitter: @FCSbulletins.

Question: We have a client who had a house fire. He filed bankruptcy on a credit card with a balance of $25,000. The bankruptcy requires that he pay back the debt in monthly installments. We were able to find $12,000 in contents, of purchased items that were for the home from this credit card bankruptcy. The carrier’s adjuster wants these items removed from the content list even though the client is paying it back. 

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