Yes but...
If you are asking, it's probably because you don't have much experience in doing that kind of work.
So, yes, it's possible. I did it on my car, but it was less spreaded. But is it worth it? I would say, yes only if you do it yourself or have a good friend with skills to do a nice job. If not, you will save money by keeping the car for parts and buying a good straight body.
Daniel Forest
Montreal, Canada