Infamous New York Debt Collection Law Firm Stephen Einstein & Associates, P.C. merges with Tromberg, Morris & Poulin, PLLC

By: Robert J. Nahoum The infamous New York debt collection law firm Stephen Einstein & Associates, P.C. has merged with industry competitor, national law firm Tromberg, Morris & Poulin, PLLC.  According to their websites: Stephen Einstein & Associates, P.C. was a relatively was a small player in the New York debt collection arena until it became the beneficiary of the […]

NCLC Resource – Protecting Against Creditor Seizure of Stimulus Checks

The consumer heroes at the National Consumer Law Center have issued the following resource to help consumer protect their corona stimulus checks from levy and seizure by heartless and unscrupulous debt collectors: “The CARES Act authorizes payments up to $1200 to individuals and $2400 for couples, with an additional $500 for children under 17 years old. The payments phase out […]

Debt Buyer Portfolio Recovery Associates Filed 6,899 New York Debt Collection Case In 2018

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 6,899 New York debt collection […]

Debt Buyer LVNV Funding LLC Filed 7,622 New York Debt Collection Cases In 2018

By: Robert J. Nahoum According to the New York State Unified Court System, “junk debt buyer” LVNV Funding filed 7,622 New York debt collection lawsuits in 2018.  In 2017, Resurgent Capital Services LP, parent company of junk debt buyer LVNV Funding, purchased industry competitor SquareTwo Financial Corp out of Chapter 11 bankruptcy.  SquareTwo is the parent company of prolific junk […]