New York City Debt Collection Defense Attorneys

Blog Posts in Credit Report Abuse/Fair Credit Reporting Act

All Posts
  • 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 ...

    Read More
  • Prioritize Consumer Debts Based on Risk. A Comprehensive Legal Guide
    Prioritize Consumer Debts Based on Risk. A Comprehensive Legal Guide

    Debts of Highest Priority Court Judgments : A judgment is a court order in favor of the creditor. Now as a “judgment creditor,” it can garnish your wages, freeze your bank accounts, and foreclose on ...

    Read More
  • 5 Ways the C.A.R.D. Act is Helping Consumers of Credit
    5 Ways the C.A.R.D. Act is Helping Consumers of Credit

    On May 22, 2009, President Barack Obama signed the Credit Card Accountability, Responsibility and Disclosure Act into law. Since then, consumers have saved over 12 billion dollars, below are five ways ...

    Read More
  • Top Ten Consumer Frauds of 2015
    Top Ten Consumer Frauds of 2015

    The NY Attorney General published a press release listing the following top ten consumer frauds: Internet scams (i.e. privacy; consumer frauds) Automobile (i.e. buying; rental) Consumer-related ...

    Read More
  • Adding Inflated Debt Amounts to Credit Reports Violates the FDCPA, Holds Court
    Adding Inflated Debt Amounts to Credit Reports Violates the FDCPA, Holds Court

    We often see collection lawyers sending demand letters for a debt that includes court-filing costs. That's problematic because New York law is clear in that certain costs are awarded only after the ...

    Read More
  • Debt-Collector Traps: Re-aging Debts on Credit Reports
    Debt-Collector Traps: Re-aging Debts on Credit Reports

    Debt collectors (includes debt buyers) often furnish information to the credit bureaus. Below are two re-aging tactics to watch out for. Re-aging is when the collector misrepresents the time you ...

    Read More