By: Robert J. Nahoum It is common knowledge among debt collection attorneys (both plaintiffs and defendants) that debt buyers lack the evidence needed to prove their cases. Nevertheless, debt collectors win these cases because of defaults by the consumers and the costs of litigation. Judge Ignatius L. Muscarella of the First District Court of Nassau County was having none of […]
Midland Funding Case Stricken from Court Calendar for Failure of Evidence
What is a Good Settlement with Pressler & Pressler?
By: Robert J. Nahoum The notorious debt collection law firm Pressler & Pressler has sued you for an old debt that they bought from an original creditor. You are considering whether to fight them or to reach a reasonable settlement and get on with your life. You now have to determine how much is a good settlement with Pressler & […]
Bock v. Pressler & Pressler – 4 Seconds is Not Meaningful Attorney Review
By: Robert J. Nahoum Federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA for short) protects consumers from unscrupulous debt collectors. The FDCPA establishes a general prohibition against the use of “false, deceptive, or misleading representation or means in connection with the collection of any debt.” The various subsections of the FDCPA, sixteen in total, provide […]
Sued By Pressler and Pressler in NY or NJ?
By: Robert J. Nahoum THE PROBLEM: You have just been served was a summons and complaint, the law-firm Pressler and Pressler, LLP is listed as the attorney for some company you have never heard of who is suing you for an old debt you’re not familiar with. WHO IS PRESSLER AND PRESSLER, LLP?: Pressler and Pressler is most often identified […]
NJ Debt Collection Law-Firm Pressler and Pressler Filed 11,749 Collection Cases In 2014
By: Robert J. Nahoum Pressler and Pressler, LLP is an infamous debt collection law-firm representing a creditor or debt buyer. Debt buyers buy up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on the dollar. Pressler and Pressler is most often identified as a New Jersey debt collection law […]
New Century Financial Services Filed 8,548 NY Debt Collection Cases In 2014
By: Robert J. Nahoum New Century Financial Services, Inc. is an notorious “debt buyerâ€, 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, New Century Financial Services filed more than 8,548 New York debt collection lawsuits […]
A Free Pass From Washington For Debt Collection Attorneys On Misleading Consumers?
By: Robert J. Nahoum U.S. Senator Pat Toomey (R-Pa.) introduced a bill, with bi-partisan support, that would exempt debt collection attorneys from compliance with federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA) during specific litigation related debt collection activities. Sen. Toomey’s bill would “amend the Fair Debt Collection Practices Act to preclude law firms and […]