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Blog Posts in October, 2014

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  • Do City Debt Regulations apply to Lawyers? Issue Heats up in New York
    Do City Debt Regulations apply to Lawyers? Issue Heats up in New York

    Debt collection attorneys push forward in their attempt to exclude attorneys from the reach of Local Law 15, a New York City regulation that governs debt collection activities (i.e. debt validation, ...

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  • Smart Way to Attack your Creditor's Default Judgment: The "Sum Certain" Element
    Smart Way to Attack your Creditor's Default Judgment: The "Sum Certain" Element

    Entering default judgments is big business in the court system. The vast majority of default judgments in credit-card lawsuits are entered by clerks without a judge's review. This mode of ...

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  • Creditors may not seize foreign bank accounts through U.S. branches
    Creditors may not seize foreign bank accounts through U.S. branches

    The New York Court of Appeals affirmed the state's "separate entity rule," a century-old law that prevents the seizure of foreign accounts through service of a restraining notice on a U.S. bank ...

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