Are We Facing a Wave of Auto Repossessions?
Submitted by the Bond & Botes Law Offices - Friday, November 20, 2020
Back in January and early February, some financial experts were predicting that subprime auto loans--vehicle loans to people with lower credit scores who were considered higher risk--might be the next housing bubble. Between 2009 and 2019, U.S. automobile loan debt increased by 75%, to more than $1.25 trillion. In early 2020, about seven million auto loans were 90 days past due.
Should I File Bankruptcy With My Spouse or Solo?
Submitted by the Bond & Botes Law Offices - Monday, June 1, 2020
A married person can file bankruptcy alone or jointly with his or her spouse. The better option depends on circumstances such as: