New York City Debt Collection Defense Attorney

Blog Posts in September, 2021

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  • Debt Buyers Changing Attorneys: Do I get Notified?
    Debt Buyers Changing Attorneys: Do I get Notified?

    Debt-collection judgments often switch hands between debt buyers. But less realized is the fairly common practice of attorneys substituting each other. The law requires that you get notified when a ...

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  • 8 Surprising Trends of Covid-19’s Impact on Consumer Credit and Debt Collection
    8 Surprising Trends of Covid-19’s Impact on Consumer Credit and Debt Collection

    Pre-Pandemic 1) Before the pandemic, debt-collection-industry revenue has trended downward. Debt-collection-industry revenue has declined in recent years, decreasing from an estimated $13.5 billion in ...

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  • 21 FAQ's about "Account Stated"| A Legal Guide in Debt Collection Law
    21 FAQ's about "Account Stated"| A Legal Guide in Debt Collection Law

    1) Account Stated is a “cause of action.” What is a cause of action? A cause of action has two definitions: noun. A condition under which one party would be entitled to sue another. noun. A set of ...

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  • 15 FAQ’s about Statute of Limitations, Debt Collection, and Credit Reporting
    15 FAQ’s about Statute of Limitations, Debt Collection, and Credit Reporting

    1) What is the statute of limitations? It’s the time period in which a plaintiff has the legal right to sue. It starts from the date of your missed minimum payment. If a collector sues within that ...

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