Debt Buyer Razor Capital, LLC Filed Only 62 New York Debt Collection Cases In 2016
- February 7, 2017
- No comments
By: Robert J. Nahoum
Razor Capital, LLC is a notorious “junk debt buyer”, 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, Razor Capital has all but shut down filing new debt collection cases in New York with only 62 New York debt collection cases in 2016. While Razor Capital has apparently halted filing new debt collection cases in New York, its legacy lives on in thousands of default judgments entered in years past against New York consumers. Through its attorneys of choice, Forster & Garbus, Razor Capital is actively pursuing and enforcing judgments awarded years ago through wage garnishments and frozen bank accounts.
Razor Capital is a accused notorious violator of federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA) and is sued regularly by consumers for these violations. The FDCPA is a federal law that regulates the collection of consumer debts. It precludes third party debt collectors from using false, misleading, deceptive and harassing debt collection tactics.
If you need help settling or defending a debt collection law suit, stopping harassing debt collectors or suing a debt collector, contact us today to see what we can do for you. With office located in the Bronx, Brooklyn and Rockland County, the Law Offices of Robert J. Nahoum defends consumers in debt collection cases throughout the Tristate area including New Jersey.
The Law Offices of Robert J. Nahoum, P.C