I got into a car accident....car is work 17k...probably 3 thou in damage...(all body work...front bumper pushed in; hood pushed up a little bit, headlight lens...car runs perfectly fine and the insurance company said that they are going to write a 2 party check and said that I have to bring the check to the bank that I am financing car from....I sign check and I think they said the bank either stamps or signs the check too...but I get to cash it wherever I want...I still owe money for the next 5 years on the car....but I was wondering...can I keep the money not get the car fixed and continue to pay for the car and just drive it the way it is??? ALSO..I am filing bankruptcy soon....my bankruptcy lawyer said I can claim bankruptcy and add the car to the bankruptcy and can leave the car damaged as is...but I was wondering if I can do this second option and keep the insurance check???
Can I keep check from insurance company if I am financing car?
- Thread starter MONKS
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