Posted: Sat Sep 06, 2008 9:20 pm Post subject: can i cash my insurance claim check
i had my vehicle repoed before i could fix the small damages and the lein holder has closed out the account with the account stating paid-closed credit line , but i have a balance of 900.00$ left owe to the lein holder , can i take my 2300.00$ claim check (it's made out to ,me and the leinholder ) and pay off the balance and keep the rest , or will they take the whole check ? can i get into trouble if i cash it with the leinholder ?thank you very much for your response..
You will not get in trouble if your leinholder reimburses you the difference, which is highly unlikely...but if you only owe them 900 then they will have to...unless they want to get the vehicle repaired that is...you need to contact them and ask what is the process if you endorce it and mail it to them will they in turn return the balance...do not even think about trying to forge their name to the draft. _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
It's a practice to include the lienholder's name in the claim check, when there is an amount due on the car. And in such cases you are required to involve in the lienholder in the claim process. They may want you to mail the claim check to them or may allow you to encash the check and pay their dues. You are required to find it out by calling up the lienholder's office.
well this is the deal , i owe them 1399.00 she says that i need to pay for a repo fee that consist of 440.00 so the check is 2000.00 and that will leave 80 or so dollars..and the guy that actually made reapiars i owe him 700 .. they bank say oh well and if i don't give them the check they will have my insurance reissue it to them , but the charges fot the vechicle are 1400 so what will happen to the other 400? any help is greatly appreciated
hey lori i wrote in response to you before about a insur. claim check thinkin i owe 900.00 , well i do not owe the bank anything , but my car was repoed in feb. and she said the car was in the shop and the amount was 1200.00 that i needed to pay , i told her that i have a mech. re-wire the talight and replace a tire and light bulb.etc... and i owe him 700.00 she has now told me today the charges are 1400.00 and i need to pay 440.00 for the repo fee with my claims check , and she will return 80.00the check is for 2000.00 , i have the invoice from the mech. that i owe , can you tell me what i can do about this , she laughed about repoein my car and said you win some you lose some like me losing my car was a joke, they got 1year worth of paymentaND 3000.00 FOR MY TRADE IN , I AM AMOTHER OF TWO SMALL CHILDREN AND DO NOT HAVE 700 TO PAY THE MECH FOR THE WORK HE HAS DONE..HOW CAN I RESOVLE THIS AND PAY THE BANK AND PAY THE MECH. DO I HAVE TO PAY THE REPO FEE WITH THE INSURANCE CLAIM CHECK..PLEASE HELP , THANK YOU AND GOD BLESS YOU
Ok, I think you need to start at the very beginning...If it was re-po'd how is it in the shop and how can you owe money for the repair? Ever car I've ever seen re-popped, the car was gone, taken back to the leinholder...and eventually sold, then the defaulter (you) was still required to pay whatever balance there was to clear the note...
So lets start at square one....you stopped making payments when? The car was in an accident when? The claims draft was paid to whom and when? The vehicle was re-po'ed but not really? Why do you have access to the vehicle...
You owe the bank exactly how much to clear the note and get the car back? You owe the mechanic how much? Do you still have insurance on this vehicle? _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
Posted: Tue Sep 16, 2008 4:48 am Post subject: the claims check is made out to me and the leinholer
ok from the beginning...
august07 i backed into a pole , minor damages to the back of the vehicle ...it took till janurary08 to get the adjuster to come and look at the vehicle and get the claims check generated, during the time in between we had a hit and run on another vechicle we own, the insurance got the two vehicles mixed up and we had issues trying to get correct information. i had a friend whose husband is a mechanic, my vechilce was drivable but not safe to drive , he said he would do the repairs to make it safe to drive , as long as when i got the claims check i took it to the shop where he work to get the rest repaired and then he would just add what i already owed to whatever the rest of the repairs cost..the repairs he made to make the vehicle (safe)drivable equaled out to 700.00, fast forward to jan. the check is mailed , my neighbors where illegally going in all the neighbors mailboxes including mine , check went missing 1 week later the bank came and got my vehicle involunatary , i was behined by two payments i have a 2year old and was 6 months pregnant with my second, the doctor took me off of work due to being high risk pregancy and i had just found out my child was diagnois with tre-18 , the babies usually die before birth or within a few hour after birth , i also had to get my cervix sewn shut b/c of pre-term labor with an incompent cervix, i had no money to care for my child nor pay bills , so thta is why the car got repoed..the insurance company just call august 08 said they would re send claims check , so i thought ok , i will give the bank whatever was owed to them and pay the mechanic since he has called almost night and day for the last 6 months . well i call the bank and i am told i owe nothing then later that day , the loan (shark) representive calls me and say hey you have a claims check well it belongs to us , now that we have the vehicle and she staed the damages where 1200 .00 she then asked how much the check was and i stated almost 2000.00 well she said she need to get the right amount that was owed and call me back , she called back next day and said it costed them 1400.00 and the legal department said i also needed to pay the 440.00 repo feealong with it , she laughed stated that only left 80.00 left to pay the mechnaic , but said she would try to work on getting him more money but didn't know how she would be able to since the legal department there said the whole check belong to them .. i am very confused and don't know what to do, i have a invoice from the mech. and i still have the claim's check , how can the bank charge a repo fee and have the right to pay for it with an insurance claims check? what can i do , i am a young mother that many take for as niave, i've already lost on my credit report , i don't want to lose anything else or have to go to court b/c of mech. fee for parts and labor i haven't paid for yet b/c of all this, i just want to do whats right for the bank and the mech.i do not know how much i owe on the car , she told me the legal dpartment has to deal with that and request that info from the vault , no i don't have insurance on the vhicel still , when they repoed it that day i called and took it off of my insurance , the mech is owed 775.14 exactly.. the bank rep treats me like a piece of crap b/c i am a single mother who could not afford to keep her car b/c i chose to keep my child and do what was necessery for her to be here, i appreciate anything and everything you help me with ..god bless you.. i am sorry if i didn't explain enough the first couple times i wrote i was trying to hurry and write and didnt know exactly how open to be about this
august07 i backed into a pole , minor damages to the back of the vehicle ...it took till janurary08 to get the adjuster to come and look at the vehicle and get the claims check generated,
That is five months! how is that possible? Did you have anything to do with this delay? What possible reason could there be for this delay? This is bad bad bad business and bad faith...let me know the reasons behind this....you may have a bigger claim...
So very sorry to hear about the baby, what is
Quote:
my child was diagnois with tre-18
if you don't mind educating us about that condition?
Ok so the bank is saying they will give the car back and clear you account basically for the ins draft is that right? I understand you would still owe the mechanic, but you would have your car back and not owe anything is that right?
Quote:
how can the bank charge a repo fee and have the right to pay for it with an insurance claims check
They don't car where the money comes from as long as they get it...they have to pay the re=po guy so that sounds reasonable...if they will totally clear your account and give you paid off title with that 2k draft...i think you should do it...in person though...
Quote:
i do not know how much i owe on the car
Well do you owe years or months? If you can't get a clear title, (and sounds like you can't maybe) then I'd call the adjuster, tell them you had some temporary repairs done, here is the bill and maybe the mechanic can give you a mechanic lein...ask if you can return this draft, and they issue the 700 direct to the mechanic and the balance directly to the leinholder...you won't have a car, but you will be done with it...
Quote:
i do not know how much i owe on the car , she told me the legal dpartment has to deal with that and request that info from the vault
That's bull....is this a 'buy here pay here' kind of place or an actual bank or finance company? what is the name of the lein holder?
Quote:
i am sorry if i didn't explain enough the first couple times i wrote i was trying to hurry and write and didnt know exactly how open to be about this
that's fine honey let's just try and sort it all out...you do not have the car the lein holder does right? have they tried to sell it yet? what is the year and make? let us know all of that and the state you are in and i think perhaps your carrier can re-issue the drafts...
hang in there, awaiting your answers...
lori _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
okay i will start here: trisomy-18 is a genetic condintion, and its rare, tre-21 is down syndrome, trisomy-18 is the second most common chromosomal defect , trisomy 13 and trisomy 18 are usually lethal conditions in which over 95% of babies born with these conditions die within the first year. at conception 23 chomo. form the father and 23 chromo. from the mother combine to make 46 chromo. in each cell , two of each type, each chromo holds a particular positon in the cell and carries certain genetic material , a trisomy occurs when a baby has three chromo in one position insted of the normal two, the most common trisomy is down sydrome . trisomy 18 is also call the edwards sydrome ..........it occurs in 1:3000 live births , unlike down sydrome tri-18 is usually and always fatal with most babies dying before birth and thse who do make it to birth tyically living only a few days , however a small number of babies 10% live alteast one year. 95% of trisomies are full trisomies , that is an extra chromo. for ever cell in the body, this trisomies is not herediarty and is not due to anything the parents did or diddn't do.. trisomy -18 usually always have heart defects such as vsd(venticular septal defect-
Quote:
a hole between the lower chambers of the heart and coarctation of the arorta ( a narrowing of the exit vessel from the heart) kidney abnormalities, omphalocele (a portion of the intestinal tract is located outside the stomach in a sac), esophageal atresia (the esophagus does not connect to the stomach, meaning the baby cannot eat by mouth), and polyhydramnios (excess amniotic fluid), clenched hands, choroid plexus cysts (a pocket of fluid on the brain that is not problematic in itself but may be a marker for Trisomy 1, rocker bottom feet, and delayed growth, micrognathia (small jaw), low-set ears, and a strawberry-shaped head, as well as severe developmental..
that sums that up , hope i expalin it well enough, by the way my daughter is 4 months old and doing well she will be 5 months the 22nd of this month ..
now the issue with the car the only bill i have for the car is 15999.00 this is what was sent to me after they repoed the car , if i want the car back i must pay 16000.00 plus 440.00 for the repo fee, Not going to happen even if i could afford it , the bank is peoples first , and the car dealership was cook whitehead ford..both places are ripp off anyways...so basically i can't get my car back, peoples first bank owns it now and they put it in their shop , i still don't understand why it hasn't been auction off yet they repoed it in jan 08 and they said they have just now got it repaired and are getting ready to resell it.. i am in florida.. what can i do , i need to get this settled by tomorrow, she already stated that she is just going to call the issurance and have them void out this check and re-issued one to her and people first , i don't have an issues with paying the 1399.00 for the repairs ,but can she really add 440.00 for the repo fee and take the total check ? thank you very much for your time and effort ..god bless
Well yes, she can take the whole check, because you owe them 16k...doesn't matter about the repairs...anything additional above the repairs they will subtract from what you owe...If I were you honey, I'd give the car repair guy all the information on the loan company, and tell him to quicly file a mechanics lein against the sale...that way they have to pay him from the proceeds...now granted they are going to sell this car and still claim you owe them the balance, (and you will)...but the old saying, 'you can't get blood from a turnip' applys here...
Let us know if you have any other questions we can assist with...
You and your sweet baby are in my prayers. _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
Thank You very lori, i appreciate your repsonse ..and i thank you for your time and effort , i kinda figured i was a turnip in this situation, thank you for your prayers, if i have anymore questions i'll write you again..
Best of luck flamak25 _________________ Have you been helped by a poster? Do you want to show your appreciation? YOU CAN !! Just simply click on the donate button and send them some coin!
, rocker bottom feet, and delayed growth, micrognathia (small jaw), low-set ears, and a strawberry-shaped head, as well as severe developmental..
