The Federal Trade Commission Publishes Statements on the Debt Buying Industry Including a List of Banned Debt Collectors

By: Robert J. Nahoum In a blog post, the Federal Trade Commission published important statements about the debt buying industry and its efforts to self-regulate including a list of 75 debt buyers banned from participating in the debt collection industry.  Below is a reprint of the post prepared by Reilly Dolan, the FTC’s Associate Director, Division of Financial Practices . “Last year the FTC […]

What is the Difference Between a Summons and a Complaint?

By: Robert J. Nahoum Anyone who has ever been sued in a debt collection lawsuit should be familiar with the court documents collectively referred to as the “summons and complaintâ€.  The two documents have become almost interchangeably viewed as one document but in reality, they are two documents with two distinct purposes. The summons is document which advises you that […]

Debt Collection Law-Firm Eltman, Eltman and Cooper, PC Has Been Growing

By: Robert J. Nahoum Infamous debt collection law firm Eltman, Eltman and Cooper, PC started as a local New York debt collection mill but have been rapidly growing.  According to their website, Eltman, Eltman and Cooper is now collecting debts in California, Florida, Georgia, Kentucky, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee and Texas. Eltman, Eltman and Cooper began […]