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

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 […]

Settling a Debt Case with American Express: A Success Story

By: Robert Nahoum Entrepreneur Client Sued By American Express We recently received a call from a prospective client who was being sued by American Express for an unpaid credit card.  The client is an entrepreneur in an industry with drastic ups and downs.  During a recent down time in her business, she fell behind on an account with American Express […]

Inflation, Debt and Credit Card Defaults: What You Need to Know

By: Robert Nahoum Inflation is on the rise, and it’s having a significant impact on consumers’ wallets. As prices for goods and services go up, people have less money to spare, which can lead to credit card defaults, which can lead to debt collection which can lead to debt collection lawsuit. If you’re struggling to make your credit card payments, […]

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 […]

Under the Gun – The Law Offices of Robert J. Nahoum Helps Client Quickly Settle Judgment Liens – Now Clear to Close

By: Robert J. Nahoum Judgment Liens Were Getting in the Way of Selling Real Estate At The Law Offices of Robert J. Nahoum, we regularly receive phone calls from consumers who are about to buy or sell a real estate but have an old judgment lien holding up the transaction.  Realtors and mortgage brokers often tell the consumer that to […]

Tromberg, Morris & Poulin Agrees to Dismiss Debt Collection Lawsuit Due to Identity Theft

By: Robert J. Nahoum Our client was recently sued in the Supreme Court of the State of New York, Nassau County by the prolific debt collection law-fIrm Tromberg, Morris & Poulin, PLLC on behalf of its client the high-interest rate lender Sofi Lending Corp.  The lawsuit led to the discovery that our client was the victim of widespread identity theft. […]