By: Robert J. Nahoum As reported by the New Jersey Law Journal, a three-judge Appellate Division panel ruled that “credit cards issued for a specific retailer are governed by N.J.S.A. 12A:20-725, which deals with the sale of good, rather than N.J.S.A. 2A:14-1, which governs most contractual claims and has a six-year statute of limitations. ‘[W]e hold that the claims arising […]
4 Year Statute of Limitations on Store Branded Credit Cards in New Jersey
Sued By Colorado Capital Investments In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Colorado Capital Investments is suing you for an old debt. WHO IS COLORADO CAPITAL INVESTMENTS?: Colorado Capital Investments is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies […]
Sued By Platinum Financial Services In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Platinum Financial Services is suing you for an old debt. WHO IS PLATINUM FINANCIAL SERVICES? Platinum Financial Services is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies […]
Sued By Gemini Asset Recovery In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Gemini Asset Recovery is suing you for an old debt. WHO IS GEMINI ASSET RECOVERY?: Gemini Asset Recovery is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies […]
Sued By Metro Portfolios Inc In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Metro Portfolio Inc. is suing you for an old debt. WHO IS METRO PORTFOLIO INC.?: Metro Portfolio Inc. is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies […]
Sued By Platinum Recovery Services In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Platinum Recovery Services, LLC is suing you for an old debt. WHO IS PLATINUM RECOVERY SERVICES, LLC?: Platinum Recovery Services, LLC is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car […]
Sued By East Coast Funding Group, Inc. In New York?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. East Coast Funding Group, Inc is suing you for an old debt. WHO IS CYPRESS FINANCIAL RECOVERIES, LLC?: East Coast Funding Group is a sub-prime auto lender financing the purchaser of new and used vehicles by consumer with bad credit. When the consumer default […]
Suing On a Time Barred Debt Violates the FDCPA
By: Robert J. Nahoum THE PROBLEM: You have been sued by a debt collector on a very old debt. In fact, the debt is so old; the lawsuit is barred by the statue of limitations. You may be asking yourself, can the debt collector do this? The answer is no! The Rule: Federal debt collection laws called the Fair Debt […]
Do I have to Sign for a Summons in a New York Debt Collection Lawsuit?
By: Robert J. Nahoum The Problem: Were you surprised to learn that your bank account has been frozen or your wages have been garnisheed? If your answer is yes, a debt collector likely has a default judgment against you from a lawsuit you had no idea had been filed. In debt collection lawsuits, most cases are won on default where […]
What is “Summary Judgment” in a Debt Collection Lawsuit?
By: Robert J. Nahoum THE PROBLEM Anyone who has been sued for an old debt will tell you that the process can be terribly confusing. The court papers used by the debt collectors are filled with legal jargon that makes little if any sense to non-lawyers. Debt collectors are always – 100% percent of the time – represented by attorneys […]