Credit Card Companies really can take away your car

more+
less-

Recently, in a Massachusetts District Court, a credit card company was facing a judge, and asking to take possession of a consumer car because they had defaulted on paying a minor credit card bill, to the tune of $400. A lot of you may not realize it, but the simple fact of ignoring a credit card bill can have serious consequences, much more so then simply bad credit.

LOADING PDF: If there are any problems, click here to download the file.

Published In: General Business Updates, Consumer Protection Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Goldstein, Phillips Law Offices, LLC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »