Under the Gun – The Law Offices of Robert J. Nahoum Helps Client Quickly Settle Judgment Liens – Now Clear to Close

By: Robert J. Nahoum Judgment Liens Were Getting in the Way of Selling Real Estate At The Law Offices of Robert J. Nahoum, we regularly receive phone calls from consumers who are about to buy or sell a real estate but have an old judgment lien holding up the transaction.  Realtors and mortgage brokers often tell the consumer that to […]

SoFi Lending Corp Agrees to Dismiss Debt Collection Lawsuit Due to Identity Theft

By: Robert J. Nahoum Our client discovered that he was the victim of widespread identity theft. Among the debts taken out in his name was a loan from the high-interest rate lender Sofi Lending Corp. Sofi sued our client in the Supreme Court of the State of New York, Nassau County. After consulting with our firm, we were retained and […]

What to Do If You Have Been Sued by a Debt Collector in a New York Debt Collection Lawsuit

By: Robert J. Nahoum Being sued by a debt collector can be a stressful and overwhelming experience. If you are facing this situation, it is important to know your rights and what steps you need to take to protect yourself. What to do when you are served with a summons and complaint The first thing you should do if you […]

Bankruptcy Is Not Always Your Only Way Out of Debt

By: Robert J. Nahoum THE PROBLEM: Post Covid, rising inflation and a tricky jobs market have all left you behind on debt.  Perhaps you lost your job during Covid and relied on your credit cards to get you through.  Now rising inflation has made everything more expensive including your credit card bills and you just can’t catch up.  Most Google […]

The Current Status of Medical Debt Credit Reporting

By: Robert J. Nahoum On April 11, 2023, the three major credit reporting agencies, Equifax, Experian, and TransUnion, (the CRAs) announced that that medical debt with an initial reported balance of under $500 has been removed from U.S. consumer credit reports.  This announcement comes after a 2020 file issued by the, the Consumer Financial Protection Bureau (CFPB) requiring credit reporting […]

Auto Loan Defaults and Repossessions Are on the Rise

By: Robert J. Nahoum The rising rate of auto loan defaults and repossessions has become a growing concern for in recent years. With the economic fallout from the COVID-19 pandemic and rapidly increasing rates of inflation, many consumers have been struggling to make ends meet, resulting in an increase in missed car payments and ultimately, vehicle repossessions. According to a […]

Attempting to Collect Debt Discharged in Bankruptcy Is Illegal

By: Robert J. Nahoum Debt collectors are known for their persistence when it comes to collecting debts. However, the Fair Debt Collection Practices Act (FDCPA) imposes certain restrictions on the methods used by debt collectors to collect debts. In particular, the FDCPA prohibits debt collectors from attempting to collect debts that have been discharged in bankruptcy. Bankruptcy is a legal […]