By Robert J. Nahoum Joint Bank Account Restrained Introduction We recently received a call from a panicked prospective client who was notified by her bank that a checking account she held jointly with her daughter had been restrained. She was anxious, embarrassed and confused about what was happening and what if anything she could do about it. The Client’s […]
The Law Offices of Robert J. Nahoum Settles Judgment and Frozen Bank Account With American Express
The Law Offices of Robert J. Nahoum Helps Client Settle Judgment With Capital One Bank
By: Robert J. Nahoum Old Judgment Weighing Down Our Clients At The Law Offices of Robert J. Nahoum, many clients come to as part of a wider effort to rebuild their financial security. For one reason or another, people go through dark financial times and end up with default judgments against them. All the while accruing interest, these judgments get […]
The Law Offices of Robert J. Nahoum Settles Client’s Judgment With Discover Bank
By: Robert J. Nahoum Client Discovered Judgment At The Law Offices of Robert J. Nahoum, our clients cover every demographic of society rich, working class, middle class, blue collar and white collar. It is often assumed that those with debt collection problems are always people struggling with money. However, this is not always the case as we were recently reminded. […]
CFPB Issues Eye-Opening Report On The Use of High Cost Credit Cards to Pay for Medical Bills
The federal Consumer Financial Protection Bureau (CFPB) has issued an eye-opening report on the use of high cost credit cards to pay for medical and dental costs not covered by patients insurance. Here is what the CFPB had to say: WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) published a report on high-cost specialty financial products, such as medical […]
Know Your Rights, What To Do About A New York Debt Collection Lawsuit
By: Robert J. Nahoum Debt collection lawsuits can be intimidating and overwhelming, especially if you’re not sure what your rights are or what steps to take. If you live in New York and are facing a debt collection lawsuit, it’s important to know that you have legal rights and options. In this blog, we’ll discuss what you need to know […]
Why a Debt Settlement Plan Will Not Resolve a New York Debt Collection Lawsuit
By: Robert J. Nahoum If you are facing a debt collection lawsuit in New York, you may be wondering if a debt settlement plan is a viable option. Unfortunately, the answer is no. Debt settlement plans are not effective in resolving debt collection lawsuits in New York. Here are some reasons why: Debt settlement plans generally require you to stop […]
Sued by Richard Sokoloff, Esq.?
By: Robert J. Nahoum THE PROBLEM: Three scenarios might have led you this article: You have just been notified by your bank that your account has been frozen because there is a debt collection judgment against you. You call the bank to find out what’s going on and are told to speak some law-firm called Richard Sokoloff, Esq.. You’ve […]
Under the Gun – The Law Offices of Robert J. Nahoum Helps Client Quickly Settle Judgment Liens – Now Clear to Close
By: Robert J. Nahoum Judgment Liens Were Getting in the Way of Selling Real Estate At The Law Offices of Robert J. Nahoum, we regularly receive phone calls from consumers who are about to buy or sell a real estate but have an old judgment lien holding up the transaction. Realtors and mortgage brokers often tell the consumer that to […]
The Law Offices of Robert J. Nahoum Settles Ancient Medical Debt Judgment For less Than Principle
By: Robert J. Nahoum Our client was recently notified that her bank account had been frozen. She was stunned to learn that a debt she thought had disappeared had not. In fact, that debt had been converted years earlier to a default judgment, had been collecting interest for years and ballooned from $750 to nearly $3,000.00. The debt came from […]
CFPB Updates “Summary of Your Rights Under the Fair Credit Reporting Act”
The Consumer Financial Protection Bureau (CFPB) has released an updated “Summary of Your Rights Under the Fair Credit Reporting Act” to educate consumers on their rights relating to credit reports. “The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, […]