GOP Senate and Trump Administration Vote to Kill CFPB Rule Limiting Use of Binding Arbitration Clauses

In a 50/50 tie, broken only by the vote of VP Pence, Senate Republicans and the Trump Administration voted to allow corporate abuses to continue with little to no accountability to consumers. Among the primary ways corporations, financial institutions in particular, get away with unscrupulous and abusive business practices is by forcing aggrieved consumers into binding arbitration and away from […]

Can a Debt Collector Seize My Car?

By: Robert J. Nahoum THE PROBLEM: You’ve been sued for an old debt and the debt collector has been awarded a judgment.  You don’t have the money to pay off the judgment and the only thing of value you own is your car. You’re reasonably concerned that your only asset of any value is in jeopardy and are asking can […]

What Will Happen if I Stop Paying My Credit Card Debts?

By: Robert J. Nahoum THE PROBLEM You lost your job or got cut back on hours.  You got sick or injured an can no longer work.  Whatever the case, falling on hard economic times is an all too common reality for so many Americans.  Disability and unemployment pay just enough to keep the lights on.  You are not lft with […]

What is the New York City Civil Court?

By: Robert J. Nahoum In New York State, the court system is referred to as the “Unified Court System”.  However, in reality, the courts are far from unified.  Each county has a “Supreme Court”.  The Supreme Court has the jurisdictional authority to hear any kind of case but generally only hears cases where the amount in dispute is over $25,000.00. […]