Totaled Financed Car and No insurance

[djohnson]

I signed for my daughter to finance a car a couple years ago. She let the insurance lapse and had an accident last week. I think the car is totalled. What should I do. Should I notify the finance company? What can they do?

 

[Betty3]

Was this an accident where no one else was involved &/or your daughter was at fault?

The finance co. is going to want their money.

 

[army judge]

I signed for my daughter to finance a car a couple years ago. She let the insurance lapse and had an accident last week. I think the car is totalled. What should I do. Should I notify the finance company? What can they do?

Your daughter is headed for big legal trouble.
You will end up paying off the debt, assuming she can't do it.
Yes, reporting this to the lien holder will allow you to get busy paying off the debt.
Good luck.