Portfolio Recovery Associates and Sherman Financial Group Must Vacate And Stop Collection On $16 Million In Judgments

By: Robert J. Nahoum   New York Attorney General Eric T. Schneiderman announced on Thursday, May 8, 2014 that his office reached a settlement with two of the largest debt buyers in the U.S. – Portfolio Recovery Associates and Sherman Financial Group (bringing debt collection lawsuits as Resurgent Capital Services LP).  Under the terms of the settlement, Portfolio Recovery Associates and […]

Have You Been Sued by Resurgent Capital Services, L.P. In New York or New Jersey?

By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint.  Resurgent Capital Services, L.P. is suing you for an old debt. WHO IS RESURGENT CAPITAL SERVICES, L.P.?: Resurgent Capital Services, L.P. is the sister collection agency for infamous “debt buyerâ€,  LVNV Funding, LLC, who buys up portfolios of old debt from banks, credit card companies, […]