My car was reposed after i got the insurance claim check so the car was not repaired, could I split the check with the lein holder?
Total Comments: 1
Posted: Mon Jul 01, 2013 06:57 pm Post Subject:
could I split the check with the lein holder?
NO! It's not your car and it's not your money. You failed to make payments and the vehicle was repossessed because you breached the loan contract. Had you made payments and repaired the vehicle, the money would be paid to the repair shop. Either way, you have no entitlement to the money. Either return the check to the insurance company or send it to the lender. Any attempt on your part to cash the check is a crime.
Posted: Mon Jul 01, 2013 06:57 pm Post Subject:
could I split the check with the lein holder?
NO! It's not your car and it's not your money. You failed to make payments and the vehicle was repossessed because you breached the loan contract. Had you made payments and repaired the vehicle, the money would be paid to the repair shop. Either way, you have no entitlement to the money. Either return the check to the insurance company or send it to the lender. Any attempt on your part to cash the check is a crime.
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