by hatguru5068 » Tue Nov 30, 2010 06:28 pm
I was in an accident in October. My insurance company deemed the car a total loss. We were able to get the car fixed and salvage the car. The insurance company issued the check to us and the lein holder. The lein holder is now with holding repair payment because i am 36 days late with my loan payment. The lein holder is in texas and I live in new york. they say they have to operate under texas law. Can they do this?
Posted: Tue Nov 30, 2010 07:46 pm Post Subject:
Absolutely! The car doesn't belong to you and they are protecting the investment.
We were able to get the car fixed and salvage the car.
Where is the car? When will you be able to make payment? What will most likely happen is, they will reissue the check to who fixed the vehicle and hold it until you can get current on the loan.
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