Providing Debt Relief for Clients Throughout the State of New York

Blog Posts in August, 2015

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  • Forster and Garbus Settle with New York Attorney General
    Forster and Garbus Settle with New York Attorney General

    A settlement has been reached in a case brought by the New York Attorney General against Forster & Garbus, LLP , a big New York debt collection law firm, to prevent the collection of payday loans. ...

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  • Madden v. Midland Funding, LLC
    Madden v. Midland Funding, LLC

    In the recent case Madden v. Midland Funding, LLC, the Second Circuit held that state usury laws were not necessarily preempted “where a loan originated by a national bank is subsequently sold to a ...

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  • National Collegiate Student Loan Trust Lawsuits
    National Collegiate Student Loan Trust Lawsuits

    National Collegiate Student Loan Trust (NCSLT), a frequent student loan lender is attempting to collect student loan debt by filing thousands of lawsuits against debtors. However, there is one big ...

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  • Federal Forgiveness: Relief and Repayment of Grad School Loans
    Federal Forgiveness: Relief and Repayment of Grad School Loans

    With graduate school loans accounting for 40% of all student debt, a major focus has been put on the existence of federal programs that allow students to borrow large amounts and then to have a ...

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  • NYC Rule for Debt Collection Law Firms
    NYC Rule for Debt Collection Law Firms

    New York City adopted Local Law 15 in 2009. Under this law, law firms that also act as debt collectors were added to the list of entities regulated as debt collectors. However, law firms that collect ...

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  • Student Financial Aid Services, Inc. to Pay $5.2 million for Illegal Billing Schemes
    Student Financial Aid Services, Inc. to Pay $5.2 million for Illegal Billing Schemes

    Many consumers require assistance and guidance while navigating the confusing process of seeking federal assistance and student loans. In a recent action, the Consumer Financial Protection Bureau ...

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