Debt Settlement Blogs

In the high-stakes environment of New York City debt defense, waiting is often not a neutral strategy. Whether you are dealing with a major bank or a third-party debt collector, many people observe ...

If you settled a judgment for less than the full amount, the IRS may treat the forgiven portion as taxable income — unless the settlement reflects a bona fide dispute over the amount or enforceability ...

What You'll Learn: In this comprehensive guide, you'll learn: How New York's 20-year statute of limitations on money judgments under CPLR § 211(b) operates, including exceptions for written ...

BCL § 1314 limits when foreign corporations (companies formed outside New York) can be sued in New York courts. The statute aims to prevent New York courts from being flooded with cases that lack ...

Forum selection clauses in loan agreements can require out-of-state borrowers to litigate in New York, subject to statutory and jurisdictional limitations. As a collection defense attorney, I've ...