South Shore Auto Collecting

South Shore Auto World has closed and filed for bankruptcy, and now they are going after people that they have paid for more money. The auto dealership owes a long line of people, and by declaring bankruptcy, the trustee has the right to actually go after those people they did pay for the money they paid them.

They are in debt for millions of dollars, and by declaring bankruptcy, they don’t have to make due on a lot of the things they owe, including unpaid auto loans. Many of those that are now having to give back money the dealership owed them say that they will fight it in court. One said that he would declare bankruptcy himself before he gave them a dime.

This is just the latest in a long line of problems for the company, they were one of the largest employers for Upper Township and now all of those people are out of jobs. Credit companies have come and taken away inventory, cars, etc.

The police have been inundated by calls from customers who said that their auto loans on their trade-ins were not paid, or warranties were not filed. Unfortunately, nothing can be done about them right now, and the police have their hands tied. The company defaulted on many car loans, and now they are taking money from those they rightfully paid.

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