Check your brake fluid level, low fluid switch could be activating warning light.
A year ago one of my sons did the same on my '97, except wheel was knocked 30 degrees from straight and lower rear control arm buckled and had to be replaced. My cars have ABS and no such after effect occurred.
The only other thing that comes to mind is that handbrake cable is tied to part of suspension and perhaps now cable is being pulled (tightened) by suspension causing warning light to come on. Not familiar with details of handbrake lever switch operation as it requires removal of console.
Keep us posted on your findings.
98 Mystique LS v6 atx 110,000km
97 Contour LX v6 atx 125,000km
stock CD on LS, cass on LX
spoiler, tinted windows on LS only
4 wheel discs on LX only
All other available options on both
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