By: Robert J. Nahoum Long-Term Auto Loans Are a Growing Problem Auto dealers increasingly steer buyers into loans longer than five years because the monthly payment looks more affordable, even though the total cost is much higher. The Consumer Financial Protection Bureau reported that 42 percent of auto loans made in the prior year had terms of six years or […]
Long-Term Auto Loans: Why Dealers Push 6-, 7-, and 8-Year Financing
FAQ: Debt Collection Lawsuit Settlements in New York: Your Top Questions Answered
By: Robert J. Nahoum Being sued by a debt collector in New York is stressful, but a lawsuit is not a guaranteed loss. In fact, most consumer debt cases never go to trial. Instead, they are resolved through debt collection lawsuit settlements that allow consumers to pay a fraction of what is owed, or sometimes nothing at all, while stopping wage garnishment […]
FAQ: Order to Show Cause to Vacate Default Judgment for Improper Service in New York
By: Robert J. Nahoum If you discovered a default judgment against you for a debt you don’t recall being sued over, you may have been the victim of improper service of process. At The Law Offices of Robert J. Nahoum, P.C., we help consumers undo these judgments using a legal mechanism called an Order to Show Cause (OSC). Below are answers to the most common […]
FAQ Guide: What to Do If You Receive an Information Subpoena as a Judgment Debtor in New York
By: Robert J. Nahoum Receiving an information subpoena after a debt collector wins a judgment against you can be stressful, but knowing your rights and obligations under New York law helps you respond wisely. Below, The Law Offices of Robert J. Nahoum, PC answers the most common questions judgment debtors ask about these subpoenas. If you need personalized help with consumer debt defense, contact […]
Restraining Notices & Frozen Bank Accounts in New York: Your Essential FAQ Guide
By: Robert J. Nahoum Has Your Bank Account Been Frozen by a Debt Collector? Learning that your bank account is frozen is one of the most stressful financial events a consumer can face. In New York, this is often the result of a Restraining Notice served by a judgment creditor or debt collector. If you are facing this situation, you need immediate, […]
FAQ: Wage Garnishment in New York – What Consumers Need to Know
By: Robert J. Nahoum What Is Wage Garnishment in a Debt Collection Case? Wage garnishment (called an “income execution” in New York) is a post-judgment remedy where a debt collector takes money directly from your paycheck to satisfy a court judgment obtained in a consumer debt lawsuit. Unlike tax agencies or child support enforcement, private debt collectors must first sue you, […]
Can a Debt Collector Freeze Your Bank Account If Your Income Is Protected? What New York Consumers Need to Know
By: Robert J. Nahoum Short answer: Yes, a debt collector can still freeze your bank account even if your income is legally protected, but you have powerful rights to get those funds released quickly if you act fast. If you live in New York and have been sued by a debt collector, understanding the difference between a freeze and an actual loss of funds is […]
Debit Card vs. Credit Card: Which Is Safer from Fraud in 2026?
By: Robert J. Nahoum The Short Answer: Credit Cards Are Safer If your wallet is stolen or your card details are compromised, a credit card is significantly safer than a debit card due to federal liability limits and the source of funds during a dispute. When fraud occurs on a credit card, you are fighting with the bank’s money. Your liability is capped at $50, […]
Top 5 Mistakes Consumers Make When Sued by a Debt Collector in New York
By: Robert J. Nahoum A Frozen Bank Account Is Not an Immediate Loss of Funds Being sued by a debt collector in New York is stressful and confusing. Many consumers make costly mistakes that hurt their chances of defending the case or negotiating a fair resolution. At The Law Offices of Robert J. Nahoum, PC, we’ve helped countless clients stand up to debt […]
NY VTL 417: How New York Used Car Dealers Break the Law – And How a Consumer Auto Fraud Lawyer Can Help
By: Robert J. Nahoum What Is NY VTL 417? New York Vehicle and Traffic Law § 417 requires retail dealers selling second‑hand motor vehicles to provide a written certificate about the condition and safety of the car at the time of sale. This certificate must follow a form prescribed by the Commissioner of Motor Vehicles and is meant to ensure […]