Why Do Debt Buyers Have Trouble Proving Their Cases?

By: Robert J. Nahoum   The Problem: There is an industry out there of companies who buy up portfolios of old consumer debts like credit cards and medical bills for pennies on the dollar.  These debt buyers then try to collect those debts from consumers using tactics that often violate federal debt collection laws.  Too often, debt buyers sue consumers in […]

Must A Collection Agency Be Licensed In New York?

By: Robert J. Nahoum THE PROBLEM: You’re being pursued by a collection agency or perhaps one has already sued you.  The collection letter or the summons and complaint you received do not disclose a collection agency license number.  Does that debt collector have to be licensed? The Rule: There is no across the board New York state rule requiring someone acting […]