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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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