Debt Buyer Midland Funding Filed 23,284 New York Debt Collection Cases In 2014

By: Robert J. Nahoum Midland Funding, LLC is an notorious “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, Midland Funding, LLC filed more than 23,000 New York debt collection lawsuits in 2014 alone.  Debt […]

A Checklist For Proper Service of a NY Debt Collection Summons and Complaint

By: Robert J. Nahoum In New York debt collection lawsuits, most cases are won on default where the consumer never answered the complaint.  Many consumers don’t answer because they don’t know they’ve been sued.  Most don’t know they’ve been sued because the debt collector never properly served copies of the summons and complaint. According to New York State law, before […]

NY Court System Adopts New Rules For Consumer Debt Collection Cases

By: Robert J. Nahoum   New York Chief Judge Jonathan Lippman announced that new rules have been adopted to prevent the entry of unwarranted default judgments in the 100,000 plus debt collection cases filed yearly in New York state courts. According the Chief Administrator’s office, “the new rules reflect the most comprehensive effort by a court system nationally to ensure a […]