By: Robert J. Nahoum
WHY YOU’RE HERE
You may have landed here because:
- Your bank account is suddenly frozen due to a judgment from SoFi Bank.
- You’ve received a notice from your County Sheriff or a New York City Marshall that your wages will be garnisheed because there is a debt collection judgment against you from SoFi Bank.
- A process server has shown up to your home to deliver a summons and complaint or you’ve come home to find a summons and complaint taped to your door? Turns our, you’re being sued by SoFi Bank.
WHO IS SOFI BANK?
Capital One Financial Corporation, a large diversified financial services company headquartered in McLean, Virginia primarily focused on credit card lending and related consumer and small‑business lending products.
SoFi Bank is a national, app‑based consumer bank and financial technology company that began as a student loan refinancer and has grown into a full‑service digital banking platform offering loans, checking and savings, credit cards, and investing services. If you are being sued by Zwicker & Associates, P.C. on a SoFi‑branded account, it usually means a SoFi‑related creditor or debt buyer is trying to collect on a charged‑off loan or credit card through the court system.
In January 2022, SoFi received federal regulatory approval to become a bank holding company and now operates SoFi Bank, N.A., a nationally chartered consumer bank regulated by the Office of the Comptroller of the Currency and the Federal Reserve. With this bank charter, SoFi can fund more of its own lending with customer deposits and offer high‑yield checking and savings accounts through its mobile‑first platform
When accounts default, SoFi initiates lawsuits to collect outstanding debts. These lawsuits are vigorously pursued, often leading to wage garnishments and frozen bank accounts if a judgment is obtained against you.
THE LEGAL CHALLENGE YOU FACE
Through its attorneys of choice, Zwicker & Associates, P.C., SoFi Bank is actively filing new debt collection lawsuits and pursuing and enforcing judgments awarded years ago through wage garnishments and frozen bank accounts.
In any debt collection lawsuit, SoFi Bank (as the creditor) must prove that you breached a credit agreement with it and owe them a certain sum of money.
WHAT YOU SHOULD DO:
If you’ve been sued by SoFi Bank in a debt collection lawsuit, consider hiring a qualified attorney experienced in debt defense. The Law Offices of Robert J. Nahoum, P.C. routinely represents consumers in debt collection lawsuits brought by debt buyers like SoFi Bank in New York and New Jersey.
If you need help settling or defending a debt collection lawsuit, stopping harassing debt collectors or suing a debt collector, contact us today to see what we can do for you. With offices located in Brooklyn and the Hudson Valley, 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
(845) 232-0202
www.nahoumlaw.com
info@nahoumlaw.com