Legal Question in Personal Injury in California
My friend has took over payments for my car(still in my name) and was recently in an accident. The responsible party insurance may end up giving us blue book value for the car. She thinks she should get a share of the money. Is this correct?
Asked on 12/22/09, 4:59 pm
1 Answer from Attorneys
Melvin C. Belli
The Belli Law Firm
Depends on what the deal was. I would be more concerned that the insurance will give you enough to cover what is owned on the car. If you sold her the car for her just taking over the payments then the excess if any should go to her. The real question is if the settlement is insufficient to pay off the car will she pay the balance owed?
Good luck, and best wishes for a happy new year.
Answered on 12/31/09, 12:07 am