Sued By Bureaus Investment Group In New York or New Jersey?

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 by some company called Bureaus Investment Group.   You’ve received a notice from your County Sheriff or a New York City Marshall that […]

Sued By CKS Prime Investments LLC In New York or New Jersey?

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 by some company called CKS Prime Investments LLC.   You’ve received a notice from your County Sheriff or a New York City Marshall […]

What Is — and Is Not — an Unauthorized Transfer Under the Electronic Fund Transfer Act

What Is — and Is Not — an Unauthorized Transfer Under the Electronic Fund Transfer Act By: Robert J. Nahoum When a withdrawal or payment shows up on your bank account that you don’t recognize, it can be alarming. Fortunately, the Electronic Fund Transfer Act (EFTA) protects consumers from unauthorized electronic fund transfers. But not every unexpected transaction qualifies as […]

CFPB Takes Action Against Debt Collection Mill Forster & Garbus to Halt Junk Debt Collection Lawsuits

By: Robert J. Nahoum The Federal Consumer Financial Protection Bureau (CFPB) brought a court proceeding against prolific debt collection mill Forster & Garbus alleging that the law firm illegally sued consumers on behalf of big national banks including Citibank and Discover, among others. In an announcement by the CFPB, it was reported that “If approved by the court, the proposed […]

NY Bans Medical Debt Judgment Liens and Wage Garnishments

By: Robert J. Nahoum On November 23, 2022, New York Gov. Kathy Hochul signed legislation banning and wage garnishments and home judgment liens in medical-debt collection cases. No one should face the threat of losing their home or falling into further debt after seeking medical care, Governor Hochul said. “I’m proud to sign legislation today that will end this harmful […]