Question:
Umm..Yeah, I'm in the process of getting sued by the insurance company by the vehicle I hit while intoxicated and I just bought the car and didn't have insurance. Damages total about 10 grand....
This bison hit my parked car, should I sue someone?
I'm in biiiiiig trouble.. Bankruptcy ??
dpkchrome@yahoo.com
Answers:
How much should I expect to pay for auto rental insurance? Is it worth it?
I run a company who represents insurance companies against uninsured parties. (The process is called Subrogation) Here is what I suggest you do, if you haven't already done so.What would you pay a year for Insurance on a Bugatti Veyron?
1. You say you had just bought the car. Was it a replacement for a car that you did have insurance on? If so, many companies would provide coverage for the new car as "a newly acquired vehicle" for 30 days after the purchase. Check that out.
Personal registration number ...what do i do now?
2. Contact the lawyer for the insurance company and offer to set up an "monthly installment agreement." Actually going through the court process will add more expense for both you and the company so coming to an agreement before hand will save both parties time and money. For a debt of that amount they will likely want a monthly payment of at least $200.
Lost my driving license about 7 years ago?
3. Sell any assets you have available like a motorcycle, snowmobile, jet ski etc. Then make a "lump sum"offer to the attorney. They will at least consider any "lump sum" offer over 50%. I will not guarantee that they will accept that. Some of our client companies would take 50% now instead of waiting for 4+ years to get their money through monthly payments.
Person that hit my car is taking to long to pay me?
4. Lastly, sorry but the damages will not be discharged in bankruptcy. Bankruptcy law will not allow you to discharge ANY debt related to damages caused while you were DUI/DWI. So bankruptcy is not an option for you.
Good Luck
Who is at fault? I was rear ended by a police officer?
Sucks to be you. Sorry, but I don't have much sympathy for people who drive drunk.uh..try paying the debit you owe? There is no guarantee the bankruptcy judge will dismiss the claim anyway.
I think I hit something with my car?
Get a lawyer. If you can't pay it, people like you should have to go to jail until that debt is paid off.My advice, quit drinking, see where it got you.
What happens if you can't pay for your car after it's been repo'd?
Since it was a DWI and (I assume your state has a mandatory insurance law) no insurance, these are both criminal acts. Consult a bankruptcy attorney, but generally, under the new bankruptcy laws, you cannot have anything resulting from a criminal act along with taxes dismissed under bankruptcy.I am about to search for car insurance but had my first accident in 22 years.?
Find out if they are willing to work with you on a monthly payment plan. No one would be expected to have $10k laying around the house and they know this.How do I find vehicle ownership by license plate?
Absolutely stick to making the payments, and don't accept an amount higher than you can afford. By doing this, you will not have a judgement against you, not have a bankruptcy and also not have your driver's license suspended until you pay back the whole loan. I am sure some one at their company can work it out with you.
Why do insurance companies care about your credit score?
I don't know anything about your finances, so if you can't afford to pay for the damages or a judgment rendered against you you can try to file bankruptcy. A lot of weasels do that, and then no judgment is entered against them and they don't lose their license, unless of course they did for the DUI, which hopefully happened in this case. Then again, given all the other responses that may not work in your favor either.More Questions & Answers ...
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