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Customer collected insurance money but paid lien holder only

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Posted: Tue Sep 08, 2009 5:17 pm Post subject: Customer collected insurance money but paid lien holder only

My customer filed insurance claim for her accident. I am the lien holder. Check was issued to her. She did not pay off her loan. She has been making monthly payments but suddenly quit..What if anything can I do to collect the remainder of the loan?

pjm7771

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Joined: 08 Sep 2009
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Posted: Tue Sep 08, 2009 8:53 pm Post subject:

Knock on her door and ask her for the money? Go get the car? I'm not sure why you mention the insurance claim and payment. If her insurance did not pay the claim, the carrier was not under an obligation to put your name on the check. If it was her carrier, were the repairs made with the money she was paid? If so, your interest was protected.

tcope

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tcope

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Posted: Wed Sep 09, 2009 11:21 am Post subject:

Was her vehicle totaled with this claim? Was it her insurance or another (at fault) carrier? Have you tried to contact her? _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.

Lori

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Lori

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