I have a question about the legalities of a two party insura

Message Author
ampm-bookmark
delicious-small Add to del.icio.us
yahoomyweb-small Add to YahooMyWeb
simpy-small Add to Simpy
blinklist-small Add to BlinkList
PostPosted: Wed Jul 06, 2011 12:44 am   Post subject: I have a question about the legalities of a two party insura  

We recently had storm damage from the April tornadoes in Alabama. The insurance company cam and estimated then wrote a check for Me & the bank who owns the lean. The bank refuses to let the money go until we pay a contractor out of pocket. When they are done they will release the money. We are current on payments and have never been late and have explained that we dont have that kind of money in pocket. Any contractor is gonna want money for materials up front, or at least I would think so. My question is, "what can legally be done about it?
Adodd3
New member
Leave a quick message


Joined: 06 Jul 2011
Posts: 1


1.18 Dollars($)

PostPosted: Wed Jul 06, 2011 1:09 am   Post subject:   

I think you need to talk with the lien holder some more. I'm betting that they just need confirmation that the work has been done before they will release all of the money. I've heard that usually they will release some of he money up front. Again, talk to them some more and verify the details.
tcope
Forum Expert
Leave a quick message

Forum Expert
tcope
Joined: 22 Nov 2006
Posts: 5199

Location: Salt Lake City, UT
286.08 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get Free Auto Insurance Quote
*State:

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Insurance on Facebook
Hot topics in forums

Latest in blogs



Page loaded in 0.234 seconds.