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Am I reading this right? | Upside down on my loan, bank after my title

A man hit me and my 3 kids.

We were rear ended at 35mph the other persons insurance company stated my car is a total loss they only want to pay me 5000 the bank that is loaning me wants 9000.

With that said is it true that she is still bound by law to protect the banks rights and put their name on the check even though it's not my insurance company or can she get off her high hose and put it in my name if she really felt like it?



Yes, it's true so long as your policy has a lien holder clause (most do). Please see:

They can do this to you and leave you "up side down" on your loan. The best thing for you is to try to get the best settlement you can get.

Please see:

Good Luck,
Auto Insurance Claim Advice
Spokane Washington

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