My friend's bike was totalled and he got a 100K settlement from the ins. co.?

OliviaBenson

New member
Is he responsible for paying off the balance on his bike loan with the funds he received?
Thanks!
Could he still pay off the loan in monthly installements? The reason I ask I that I (like an Idiot) co-signed on the loan and would really love my name off of there as soon as possible. The 100K was for the injuries he received as well as the loss of the bike, Thanks
 
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