Debt Buyer Portfolio Recovery Associates, LLC Filed 5,696 New York Debt Collection Cases In 2019

By: Robert J. Nahoum “Junk debt buyer†Portfolio Recovery Associates, LLC (PRA) buys up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on the dollar and then sues to recover the full balance. According to the New York State Unified Court System, PRA filed 5,696 New York debt collection […]

Consumer Debt Buyer LVNV Funding LLC Filed 7,521 New York Debt Collection Cases In 2019

By: Robert J. Nahoum According to the New York State Unified Court System, “junk debt buyer†LVNV Funding filed 7,521 New York debt collection lawsuits in 2019 including 2,451 cased in the Bronx, 1,022 cases in Nassau County, 1,346 cases in Manhattan and 2,338 cases in Queens.  In 2017, Resurgent Capital Services LP, parent company of junk debt buyer LVNV […]

Sued By Galaxy International Purchasing 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 Galaxy International Purchasing LLC.  You’ve received a notice from your County Sheriff or a New York City Marshall that […]

Debt Collection Law Firm Forster & Garbus Filed a Whopping 23,312 NY Debt Collection Cases In 2018

By: Robert J. Nahoum According to the New York State Unified Court System, the prolific debt collection law-firm Forster & Garbus filed a staggering 23,312 New York debt collection lawsuits in 2018 alone.  Drilling down on the numbers shows where the highest concentration of Forster & Garbus debt collection cases were filed: Almost 4,000 in the Bronx Over 5,500 in […]