By: Robert J. Nahoum Consumer credit card debt has been increasing at an alarming rate in recent years. According to the Federal Reserve, consumer credit card debt in the United States has increased by more than $70 billion since 2015, with the total amount of outstanding credit card debt now standing at over $1 trillion. I’ve seen this movie before […]
Consumer Credit Card Debt is on the Increase in 2023
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 […]
Debt Buyer Absolute Resolutions Filed 784 New York Debt Collection Cases In 2021
By: Robert J. Nahoum Absolute Resolutions Investments, LLC is a “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, Absolute Resolutions filed 784 New York debt collection lawsuits in 2021. While Absolute Resolutions […]
Debt Collection Law Firm Mullooly Jeffrey Rooney & Flynn LLP Filed 6,569 NY Debt Collection Cases In 2021
By: Robert J. Nahoum Debt collection law-firm Mullooly Jeffrey Rooney & Flynn represents creditors and junk debt buyers in debt collection cases throughout New York. According to the New York State Unified Court System, Mullooly Jeffrey Rooney & Flynn filed 6,569 New York debt collection lawsuits in 2021. Drilling down on the numbers: 682 in the Bronx 1,298 in […]
Debt Collection Law Firm Kirschenbaum & Phillips, PC Filed 8,268 NY Debt Collection Cases In 2021
According to the New York State Unified Court System, Kirschenbaum Phillips filed 8,268 New York debt collection lawsuits in 2021.
Debt Collection Law Firm Forster & Garbus Filed Nearly 18,000 NY Debt Collection Cases In 2021
According to the New York State Unified Court System, the prolific debt collection law-firm Forster & Garbus filed a staggering 17,810 New York debt collection lawsuits in 2021.
Debt Collection Law-Firm Selip & Stylianou Filed Nearly 26,000 NY Debt Collection Cases In 2021
According to the NY State Unified Court System, debt collection law-firm Selip & Stylianou, LLP filed 25,893 NY debt collection lawsuits in 2021.
Debt Collection Law-Firm Rubin & Rothman Filed Nearly 16,000 New York Debt Collection Cases In 2021
By: Robert J. Nahoum According to the New York State Unified Court System, as the Covid pandemic raged on, New York debt collection law-firm Rubin & Rothman filed 15,978 New York debt collection lawsuits in 2021 including 1,766 cases in the Bronx, 3.118 cases on Brooklyn, 1,449 cases in Nassau County, 3,234 cases in Queens and 2,063 cases in Suffolk […]
Sued By CCU 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 CCU LLC. You’ve received a notice from your County Sheriff or a New York City Marshall that your wages […]