The New York Department of Financial Services is proposing new rules for debt collectors.These rules include: 1. Have in hand basic information before they may contact people about a debt; 2. Provide documentation when a person disputes or requests verification…
Posts Tagged With: Rosenthal Act
California Debt Blog: Federal Officials Shut Down California Debt Collector
A great story from Jim Puzzanghera at the LA Times about the Federal Trade Commission, FTC, shutting down a Califlornia debt collector. Who was shut down, you ask? From the story “Among the companies targeted were Western Performance Group and…
California Debt Blog: FAQ: What is my statute of limitations on a debt?
Question: I stopped paying on a credit card. What is the statute of limitations within which the debt collector has to sue me? Answer: It depends, as the typical lawyer would answer. Each state has its own statute of limitations….
California Debt Blog: Waiting will only hurt you
I get a lot of folks who call me up and want help – after they have waited. It can be done, sometimes, but it takes more time, energy and money. There are three places where waiting hurts. First, once…
California Debt Blog: Brachfeld Law Group and Erica Brachfeld
I have an important update if you have been sued by Erica Brachfeld or Brachfeld Law Group. This also applies if you have settled a case with Erica Brachfeld or Brachfeld Law Group and you are expecting payment from them….
California Debt Blog: More on sewer serves and debt collectors
Crain’s New York Business has an article today about sewer service in New York. The article points out “The spread of sewer service mirrors the growth of the debt collection business, which over the past 25 years has grown alongside…
California Debt Blog: More on Regional Arbitration Services
I have written about Regional Arbitration Services before. Sadly, so have others and others. Apparently, they have the same MO time after time. They call, threaten that the police are coming, then try to bully you into paying them money….
California Debt Blog: FAQ: What is a default and why should I worry?
Question: The debt collector sent me a “Notice of Entry of Default.” What is this? Answer: The short answer: a Notice of Entry of Default means that the debt collection attorney is asking the court to enter a default, or…
California Debt Blog: Some debt collection phone numbers to watch out for
Based on calls to my office, existing clients and some research there are a few numbers you need to watch for on your caller ID: 1. 347-772-2135 – this is the number that comes up in the fake police scam…
California Debt Blog: Fake Debt Collector Scam
This story is courtesy of News10 in Sacramento and Suzanne Phan.Here are the highlights of the story: “A Yuba City woman nearly fell victim to a terrifying scam involving a fake debt collector and a phony cop. Michelle Bertsch received…