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The claims check should be made payable to you and the bank or you and the body shop if you are filing against your own insurance. This is done to protect the bank. Usually you can ask for your preference of being made payable to you and thebank or you and the body shop.
If you are filing against the other drivers insurance company they usually make it straight to you.
This is how it is done in Georgia...
Also ask about diminished value. You may be eligible for an addtional amount of coverage...
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Is a lien holder responsible if the car owner has an accident?
only if the lien holder caused the collision
What happens if deductible isn't paid after car is fixed?
The repair shop can lien the car and sell it.
Can you request a check for damages from the insurance company of the driver who caused the accident and not get your car repaired after an auto accident?
It depends on if you have a lien placed on your vehicle (by you lender. If you own the car free and clear, you can take the insurance money and not repair the car, but if there is a lien on your vehicle more often than not the insurance company will make the check out to you and your bank.
What happens to the lien on car when the company no longer exists?
If the company holding a lien on a car ceases to exist, its assets are usually bought up or inherited by another company. A lien is an asset, so the lien continues to exist and you pay the money to the new owner. If the lien is held by one company but the car manufacturer ceases to exist, the lien stays the same.
Can your federal tax refund be taken if you are being sued for a car accident?
Yes, your refund is an asset and subject to lien.
does my car have a lien?
does my car have a lien?
What can you do if you bought a car at auction and got a title from the DMV with no liens then 2 months later a bank says they havea lien?
well if you have a clean title with no lien on it, then i say sell the car with that title there should be no problem what so ever. i need to know what happens if i sell a car with a lien on the title (auction car) but the lien does not pertain to me, can the car be successfully transferred to another person ? or what do i have to do to remove this lien ? email me - djhackstyle@hotmail.com
What happens if you no longer have the car the bank is trying to repo?
The lender can sue you in court and obtain a judgment lien. It can use that lien to sieze any other property you have to satisfy your car debt.
What happens if am involved in a car accident as a passenger and your name does not appear in the police report?
Tell them that u where in the car accident and then u will get money
What happens if someone abandons their car in an accident?
The car may be sold to defray expenses.
IS THERE A LIEN ON IT?
is there a lien on this car
What happens if you had an accident and the car is not under your name?
If you have an accident and the car doesn't belong to you then the police will make you pay for the damage. It also depends on if it was your fault or not.
