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Sample00 · 09-12-2008, 09:40 AM

if there is a loan outstanding and the vehicle is used as security. YOU MUST pay the loan out. Its a banking requirement. In fact, the cheque from the insurance company will probably be made out to the bank and you.

09-12-2008, 09:40 AM	#3
Sample00 Sleazy Banker Join Date: Oct 2001 Location: Cold Lake Alberta Canada Exp:	if there is a loan outstanding and the vehicle is used as security. YOU MUST pay the loan out. Its a banking requirement. In fact, the cheque from the insurance company will probably be made out to the bank and you.