Four Smart Tips For Disputing Credit Report Errors

Four Smart Tips For Disputing Credit Report Errors By: Robert J. Nahoum A Federal Trade Commission study of the U.S. credit reporting industry concluded that 25% of consumers had errors on one of their three major credit reports.  With 322,583,006 people in America that means that more than 80 million Americans have errors on their reports. Common errors found in […]

How to Answer an Information Subpoena

By: Robert J. Nahoum You come home to find a notice from the post office that you have certified mail waiting for you.  You retrieve the certified mail, open the envelope and find a court document called an “Information Subpoenaâ€.  As it turns out, you have a default judgment entered against you for an old debt. The law allows judgment […]

What is “Chain of Title” in a Debt Buyer Debt Collection Case?

By: Robert J. Nahoum Consumers sued in debt collection cases often find themselves up against companies they have never heard of.  Names like Midland Funding, LVNV Funding, CACH LLC, New Century Financial Services, Portfolio Recovery Associates, Unifund and Calvary Portfolio Services.  The reason you’ve never heard of these companies is because, while you’ve never done business with them, they’re doing […]

What is the Equal Credit Opportunity Act?

By: Robert J. Nahoum THE PROBLEM: The use of consumer credit is everywhere in our society.  People use credit and incur debt to pay for cars, homes, education and for every day needs.  With such widespread use of credit, the United States Congress recognized that consumers seeking credit needed to be protected from discrimination on the basis of race, color, […]

Why Original Creditors Won’t Talk to You About Your Debt?

By: Robert J. Nahoum Consumers sued in debt collection cases often find themselves up against companies they have never heard of.  Names like Midland Funding, LVNV Funding, CACH LLC, New Century Financial Services, Portfolio Recovery Associates, Unifund and Calvary Portfolio Services.  The reason you’ve never heard of these companies is because, while you’ve never done business with them, they’re doing […]

What is a Class Action Consumer Lawsuit?

By: Robert J. Nahoum Consumer lawyers are, as the name implies, lawyers who focus their practices on consumer issues.  What are consumer issues?  Consumer issues are those legal issues that arise when regular people (as opposed to businesses) go out into the market place to buy goods or services.  For example – buying a car, getting a mortgage to buy […]