What’s The Difference Between A Loan Servicer And A Debt Collector?

By: Robert J. Nahoum   Federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA for short) regulates the collection of consumer debts by third party debt collectors.  The FDCPA precludes debt collectors from using false, misleading, deceptive and harassing debt collection tactics. A “debt collector†is defined under the FDCPA as “any person who . . . […]

How To Ensure Debt Collection Lawyers Obey The Law

By: Robert J. Nahoum   Federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA for short) regulates the collection of consumer debts by third party debt collectors.  The FDCPA precludes debt collectors from using false, misleading, deceptive and harassing debt collection tactics. A “debt collector†is defined under the FDCPA as “any person who . . . […]

NY Court System Adopts New Rules For Consumer Debt Collection Cases

By: Robert J. Nahoum   New York Chief Judge Jonathan Lippman announced that new rules have been adopted to prevent the entry of unwarranted default judgments in the 100,000 plus debt collection cases filed yearly in New York state courts. According the Chief Administrator’s office, “the new rules reflect the most comprehensive effort by a court system nationally to ensure a […]

Subsequent Debt Collectors Must Provide FDCPA Validation Notice

By: Robert J. Nahoum   THE PROBLEM: The debt collection industry moves fast – a debt collector calling you today may be different from a debt collector that called you the previous week trying to collect the very same debt.  How do you know who you are dealing with? THE RULE: Federal debt collection laws, known as the Fair Debt Collection […]