By: Robert J. Nahoum Key amendments to NY GBL § 349 under the FAIR Business Practices Act. Amendments to NY GBL § 349 Aspect of GBL § 349 Pre‑Amendment Rule / Post‑Amendment Rule Scope of prohibited conduct – Pre: Prohibited only deceptive acts or practices that mislead or are likely to mislead reasonable consumers. – Post: Explicitly prohibits deceptive, unfair, and abusive acts or practices, significantly […]
The FAIR Business Practices Act – NY GBL §349 Amended for First Time in 45 Years
Electronic Funds Transfer Act (EFTA) FAQs: Your Rights After Unauthorized Transfers and Banking Errors
By: Robert J. Nahoum What is the Electronic Funds Transfer Act (EFTA)? The Electronic Funds Transfer Act is a federal law, codified at 15 U.S.C. § 1693 et seq., that protects individual consumers who use electronic methods to move money, such as ATM withdrawals, debit card purchases, point‑of‑sale transactions, ACH transfers, and certain wire or remittance transfers. Its purpose is […]
What to Have Ready Before a Free Consultation with an Auto Fraud Lawyer
By: Robert J. Nahoum What to Have Ready Before a Free Consultation With a Lawyer When you contact an auto fraud lawyer for a free consultation, preparation makes a big difference. Taking time to gather the right information and documents helps your attorney quickly understand your situation and offer meaningful guidance. Having these details ready will make the consultation more […]
The Fair Credit Billing Act: What You Need to Know
By: Robert J. Nahoum The Fair Credit Billing Act (FCBA) is a federal law that protects consumers from unfair billing practices. The FCBA applies to open-end credit accounts, such as credit cards, charge cards, and home equity lines of credit. The FCBA covers a wide range of billing errors, including: Charges that you didn’t make Charges for goods or […]
Benefits of Hiring an Attorney to Represent You in a New York Debt Collection Lawsuit
By: Robert J. Nahoum If you have been sued by a debt collector in New York, you may be feeling overwhelmed and unsure of what to do. You may be tempted to ignore the lawsuit, but this is a mistake. Ignoring a debt collection lawsuit can have serious consequences, including a default judgment against you. A default judgment is a […]
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 […]
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, […]
What To Do If You Are The Victim Of Identity Theft
By: Robert J. Nahoum Identity theft is a serious crime that can have a devastating impact on your financial and personal life. If you think you may be a victim of identity theft, it is important to take action immediately to protect yourself. Here are some steps you can take if you are the victim of identity theft: Place a […]
What to Do If You Have Been Sued by a Debt Collector in a New York Debt Collection Lawsuit
By: Robert J. Nahoum Being sued by a debt collector can be a stressful and overwhelming experience. If you are facing this situation, it is important to know your rights and what steps you need to take to protect yourself. What to do when you are served with a summons and complaint The first thing you should do if you […]
How the Federal Truth in Lending Act Protects Car Buyers
By: Robert J. Nahoum The Federal Truth in Lending Act (TILA) is a federal law that was enacted in 1968 to protect consumers from unfair and deceptive lending practices. TILA applies to a wide range of consumer credit transactions, including car loans. One of the key provisions of TILA is the requirement that lenders disclose certain information to borrowers before […]