What is the Equal Credit Opportunity Act?

By: Robert J. Nahoum THE PROBLEM: The use of consumer credit is everywhere in our society.  People use credit and incur debt to pay for cars, homes, education and for every day needs.  With such widespread use of credit, the United States Congress recognized that consumers seeking credit needed to be protected from discrimination on the basis of race, color, […]

What is a Class Action Consumer Lawsuit?

By: Robert J. Nahoum Consumer lawyers are, as the name implies, lawyers who focus their practices on consumer issues.  What are consumer issues?  Consumer issues are those legal issues that arise when regular people (as opposed to businesses) go out into the market place to buy goods or services.  For example – buying a car, getting a mortgage to buy […]

Who Are Consumer Attorneys?

By: Robert J. Nahoum   There are all kinds of lawyers out there: real estate lawyers, personal injury lawyers, corporate lawyers, Wall Street lawyers and consumer lawyers to name a few.  The good old days of the country lawyer who did it all have given way to specializations, attorneys who focus on or discrete areas of law.  If you’ve never had […]

Who is the Least Sophisticated Consumer?

By: Robert J. Nahoum   THE PROBLEM: You’ve fallen behind on bills and get a debt collection letter from a lawyer.  The letter says that if you don’t pay a $75 medical bill you will be sued. You’re a pretty smart guy and you know that the lawyer is just blowing smoke – he’s not really going to sue you for […]

Sued By Midland Funding, LLC In New York or New Jersey?

By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint.  Midland Funding, LLC or one of its affiliated companies is suing you for an old debt. WHO IS MIDLAND FUNDING, LLC?: Midland Funding, LLC is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies […]

Sued By Cavalry Portfolio Services, LLC In New York or New Jersey?

By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint.  Cavalry Portfolio Services, LLC is suing you for an old debt. WHO IS CAVALRY PORTFOLIO SERVICES, LLC?: Cavalry Portfolio Services, LLC is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies […]

Sued By Asset Acceptance, LLC In New York or New Jersey?

By: Robert J. Nahoum The PROBLEM: You have just been served was a summons and complaint.  Asset Acceptance, LLC is suing you for an old debt. WHO IS ASSET ACCEPTANCE, LLC?: Asset Acceptance, LLC is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on […]

Sued By LVNV Funding, LLC In New York or New Jersey?

By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint.  LVNV Funding LLC is suing you for an old debt. WHO IS LVNV FUNDING, LLC?: LVNV Funding, LLC is an infamous “debt buyerâ€, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on […]

Should I Ignore The Debt Collection Agency?

By: Robert J. Nahoum THE PROBLEM: Anyone who has ever dealt with a debt collection agency knows how invasive, harassing and annoying they can be.  The phone rings incessantly and the letters in the mail never seem to stop.  What to do?  With a debt collection agency on your trail, there are a few options available to you: Pay them in […]