Legal Question in Banking Law in Iowa

Greedy daughter

My daughter who is 17 is using my car,

for liability reasons we put it in her

name. Her (ex) step father pays the

insurance. She was in an accident and

was paid for repair of the car in the

form of a check. It was totalled and we

keep the car. I went with her to cash

the check and she put it all in her

account and is keeping the entire

amount, the direction to do so came

from her step father. She is getting a

new (used) car and I'm out in the cold

with a wrecked car. What can I do?

Since she is a minor can I take the

money from her bank account?


Asked on 12/15/06, 12:48 pm

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: Greedy daughter

Sounds like the price you paid for putting it in her name (for liability reasons) is the value of the car.unless she had an agreement that you were to be repaid upon sale or destruction, the car was a gift to her. What was the check for? How much is salvage value of the wreck?

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Answered on 12/15/06, 1:12 pm


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