WNBC News 4 requested Charles Juntikka and his consumer, Margaret Zollner to take part on this story about rip-off automotive loans. Charles Juntikka is a chapter lawyer in New York City.
There have been an explosion of sub-prime auto loans the place struggling households are tricked into signing contracts for top curiosity automotive loans – loans that lenders know the households can not afford.
And right here is the actually horrible half. After the repossession, these similar auto mortgage firms sue the household for the remainder of the mortgage!
Every week Charles Juntikka’s agency recordsdata chapter for cleints who’ve little or no bank card debt, however they’re being crushed by a debt of $10,000, $20,000 or extra on a automotive mortgage – for a automotive they now not even have. Bankruptcy is usually the one choice to get them out of this example.
Thankfully, most individuals can get better good credit score about 2-3 years after their Chapter 7 chapter.
For extra info please go to CJALaw.com or name 212.315.3755
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