By:Â Robert J. Nahoum
CACH, LLC is an notorious “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on the dollar.
According to the New York State Unified Court System, CACH, LLC filed nearly 7,000 New York debt collection lawsuits in 2013 alone. These cases were filed in New York’s civil, city and small claims courts where debt collection cases are most often filed.
You may be asking – “having filed this many cases in New York alone, how can CACH, LLC be sure I owe them money?â€Â The simple answer is they can’t. To CACH, LLC, you the consumer are no more than an entry on a spreadsheet, you are data. Unfortunately for CACH, LLC, entries on spreadsheets are not always enough to beat you in court.
In a debt collection lawsuit, CACH, LLC must prove that you are responsible for the debt. To meet this burden, CACH, LLC must prove that: (1) it has the right to sue you; (2) that debt is yours; and (3) you owe the amount they sued you for.
Remember, to CACH, LLC, you are just an entry on a spreadsheet. For this reason, CACH, LLC routinely lacks the evidence necessary to prove its case and beat you in court.
CACH, LLC is a subsidiary of Square Two Financial located at:
4340 S. Monaco, 2nd Floor
Denver, Colorado 80237
The Law Offices of Robert J. Nahoum, P.C
(845) 232-0202
www.nahoumlaw.com
info@nahoumlaw.com