By: Robert J. Nahoum THE PROBLEM A debt collector has served was a summons and complaint or you’ve discovered that a debt collector has a default judgment against you. You show up to court expecting to put an end to your case but the debt collection attorney is unprepared and requests that the court grant an adjournment. What does this […]
The High Cost of Adjournments in New York Debt Collection Cases
Student Loan Debt Buyer National Collegiate Student Loan Settles Claims of Unfair Debt Collection Practices with the Federal Government
By: Robert J. Nahoum National Collegiate Student Loan Trust (NCSLT) is a unique “junk debt buyer†that few people have ever heard of. NCSLT is in the business of specifically buying private student loans from banks. Much like the mortgages involved in the financial and foreclosure crisis of just a few years ago, private student loans are packaged together as […]
Palisades Collection and its Lawyers Pressler & Pressler Settle New York FDCPA Claims for $3.9 Million and Reversal of 48,000 default judgments
By: Robert J. Nahoum In 2014, a lawsuit was filed against New Jersey-based, publicly traded, junk debt buyer Asta Funding, its subsidiary Palisades Collection and their attorneys Pressler and Pressler. The suit filed in the United States District Court for the Southern District of New York alleged violations of the Fair Debt Collection Practices Act (FDCPA), a federal law that […]
Selip & Stylianou Dismisses 10-Year-Old Default Judgment
By: Robert J. Nahoum Our client, recently discovered that a nearly $3,000.00 default judgment was entered against her in 2007 by Cypress Financial Recoveries in the District Court, County of Nassau. She first learned of the judgment when she received a notice from the Nassau County Sheriff that her wages were going to be garnisheed. After consulting with our firm, […]
Sued By Winthrop Capital, LLC In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Winthrop Capital, LLC is suing you for an old debt. WHO IS WINTHROP CAPITAL, LLC?: Winthrop Capital, LLC is a “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on […]
Debt Buyer CACH LLC Denied Summary Judgment For Lack of Evidence In Debt Collection Case
By: Robert J. Nahoum In a debt collection lawsuit, the Plaintiff (the party bringing the lawsuit) always has the burden to prove that the Defendant (the party being sued) is responsible for the debt. To meet this burden, a junk debt buyer like CACH LLC must prove that (1) it has the right to sue; (2) the debt is attributable […]
Sued By NCO Portfolio Management Inc. in New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. NCO Portfolio Management is suing you for an old junk debt. WHO IS NCO PORTFOLIO MANAGEMENT, INC.?: NCO Portfolio Management is a debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for […]
Junk Debt Buyer NCO Portfolio Management Inc. Filed Only 1 New York Debt Collection Cases In 2016
By: Robert J. Nahoum NCO Portfolio Management, Inc. is a notorious “junk 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, NCO Portfolio Management has all but shut down filing new debt collection cases […]
Sub-Prime Auto Lender “Leaders Financial Company” Filed 23 New York Debt Collection Cases In 2016?
By: Robert J. Nahoum Leaders Financial Company is a notorious “sub-prime†auto lender in the Mid-Atlantic region including New and New Jersey. Leaders Financial Company makes loans to consumers for the purchase of automobiles. As a sub-prime lender, Leaders Financial Company offers high interest rate loans to consumers with bad credit. According to the New York State Unified Court System, […]
Sued By Leaders Financial Company In New York or New Jersey?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint. Leaders Financial Company is suing you for an old car loan. WHO IS LEADERS FINANCIAL COMPANY?: Leaders Financial Company is an infamous “sub-prime†auto lender in the Mid-Atlantic region including New and New Jersey. Leaders Financial Company makes loans to consumers for the purchase […]