info@jch-law.com
+1-205-378-8121

Blog

News and Updates

New York Times Article on Subprime Car Loans

The New York Times ran a story today about the subprime car loan industry. Mainly, the problems that arise from repossessing the car and then suing on the deficiency balance.

As some point out, a more equitable approach would only allow lenders the choice of repossession or suing on the balance.

Leave a Reply