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March 3, 2016
Title: Taxpayers On Hook for Auto Payment Bailout?
Topic: Auto Payment Woes
Discussed by Chuck Tatelbaum
with Tripp Scott Law Firm (www.TrippScott.com)
Most people look at the government-issued unemployment numbers and
think the economy is improving. But, alas, the Obama
Administration has been lying to the American people. I know. You’re shocked
that the President would actually lie, but he is! Chuck Tatelbaum focuses his
legal practice on bankruptcy and creditor’s rights issues with the Tripp
Scott Law Firm in Florida. He is an expert in this field and is here today
to discuss the dire situation our country is still in – even after years of
trying to “fix” it.
Chuck states: “The average person’s wages have not increased and their
spending power is less. There is a huge amount of people who are underemployed.
They may have jobs, but they are not working to their peak.” He also brings
up Obamacare, thirty-hour work weeks, and the fifteen major retailers who have
filed for bankruptcy protection since November of 2015 due to slow sales,
especially over the Christmas holiday.
Furthermore, many people are defaulting on their car loans. Their interest rates
are sky high because their credit is horrible. But people need to have a car to
get to work; the people who need the loan the most are the very ones who cannot
afford it! Chuck also points out, “We have all of these loans put into
collateral packages, just like the home mortgage crisis. It’s the same
situation.” Listen in as Chuck gives some advice and a dire warning for
consumers in the market for a new car. If it sounds too good to be true, it
probably is!
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January 23, 2015
Title: Target Under in Canada. Are More Coming?
Topic: Bankrupting America
Discussed by Chuck Tatelbaum
with Tripp Scott Law Firm (www.TrippScott.com)
Several major
companies have announced they are in the black. They just don’t have any money
and need a bailout. Radio Shack stores in America and Target
stores in Canada are two of these companies. What does it mean for consumers?
Will the Target closings in Canada affect shoppers in America?
Chuck Tatelbaum is a bankruptcy attorney and focuses much of his practice on
creditor’s rights issues and complex business litigation, as well as domestic
and international letters of credit. Chuck gives his opinion of the Target
closings and whether or not internet sales play a role in the downward spiral of
global sales. He also compares the mistakes that JCPenny has made and the genius
marketing Macy’s has done.
Do big retailers like Target and Radio Shack have hope of recovery? Chuck says
that filing bankruptcy is like a tsunami. Listen in as he explains the process
and why it’s so hard to dig back out of the hole and what companies – big or
small – can do to protect themselves and their business. What can individuals
do? What signs should they look for when investing? Should we all be saving for
a rainy day?
NOTE: Please do not construe any information discussed in this segment as legal
advice. If you have any questions, please contact an attorney or click [here]
to go to Tripp Scott's website.
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