My car had full coverage, was totalled, and was valued 8k less than is owed on the loan.
My car had full coverage, was totalled, and was valued 8k less than is owed on the loan. So my vehicle was totalled, the insurance company has valued it 8k less than we owe on the loan. My husband is the only one on the title, not me, and wants to just default on the payments and just settle with a collector. Is there any other way to go about this? If we keep paying the monthly is 640 (I know high, but not an issue when he was able...