City of Yonkers Adopts New Debt Collection Requirements

By: Robert J. Nahoum The City of Yonkers has amended its Consumer Protection Code by adding new protections for consumers from whom a debt is being collected from a debt collection agency. The new rules expand the definition of the term “debt collection agency†to specifically include active and passive buyers of delinquent debts.  However, the definition also expressly excludes […]

NY Attorney General Settles with Debt Buyer Asta Funding, Parent Co. of Palisades Collection

By: Robert J. Nahoum New York Attorney General Eric T. Schneiderman announced that his office reached a settlement with Asta Funding, Inc., one of the nation’s largest debt buyers and the parent company of Palisades Collection, LLC and Palisades Acquisition XVI, LLC.  Under the terms of the settlement, Asta will vacate $1.7 million in judgments and pay a $100,000 in […]

Bock v. Pressler & Pressler – 4 Seconds is Not Meaningful Attorney Review

By: Robert J. Nahoum Federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA for short) protects consumers from unscrupulous debt collectors.  The FDCPA establishes a general prohibition against the use of “false, deceptive, or misleading representation or means in connection with the collection of any debt.”  The various subsections of the FDCPA, sixteen in total, provide […]

What is a Limited Scope Engagement?

By: Robert J. Nahoum THE PROBLEM: You’ve been served was a summons and complaint or discovered that you have a default judgment entered against you.  It’s a debt collector suing you on an old credit card or medical debt.  You’ve done your homework on the internet and realized that you can’t simply ignore the case as that will only make […]

Debt Collection Calls To Your Cell Phone?

By: Robert J. Nahoum THE PROBLEM For so many people these days, the cell phone is the primary means of telephonic communication.  Many people don’t even have landlines any more.  However, cell phones are different from landlines in a variety of ways the most important of which is that most cell phone plans apply per charge calls or per minute […]