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August 2014 Archives

Car loans and options in bankruptcy

High interest rates on auto loans are common when purchasing a used car. The New York Times recently reported on how the problem has worsened since major banks entered the market. Big banks buy car loans, repackage them into securities and sell them to insurance companies, pension firms and other investors.

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Rothschild & Ausbrooks, PLLC
1222 16th Avenue South, Suite 12
Nashville, TN 37212

Toll Free: 866-656-8909
Phone: 615-866-2265
Fax: 615-242-2003
Nashville Bankruptcy Office