Erin Capital Management LLC
Erin Capital Management LLC is a receivables and debt buying company located at 35 East 21st Street, 5th Floor, New York, New York 10010. The company was founded in 1999. It engages in purchasing, collecting, and servicing non-performing credit card debts and other debts in New York. As a debt-buyer, the company buys old debt portfolios from credit card companies, banks, hospitals and medical professionals, car companies, and cell phone companies in an attempt to collect on them.
Erin Capital Management LLC is regularly represented in New York and New Jersey by Eltman Law, formerly Eltman, Eltman, and Cooper, P.C. Eltman Law is a debt collection law firm. The two offices also appear to share office space and employees. The firm first opened its doors in 1947 and have been active in the field of credit and collections law. According to their website, they have collected over $200 million from 700,000 judgment since the firm was founded. As of April 2013, Erin Capital Management with the aid of Eltman, Eltman, and Cooper P.C have filed at least 16,067 cases in Queens County alone.
Notable Cases Against These Debt Collectors Include:
- Reade-Alvarez v. Eltman, Eltman & Cooper P.C.: This class action lawsuit was brought in the United States District Court for the Eastern District of New York against Erin Capital Management LLC. The class action alleged that consumers received computer generated letters from Erin Capital’s attorneys, Eltman, Eltman, and Cooper, that were submitted without meaningful legal review. The class of consumers asserted that the company violated the Fair Debt Collection Practices Act because the letters sent were “false, deceptive, and misleading.” The case eventually settled.
- Collins v. Erin Capital Management: This class action lawsuit was brought in the United States District Court for the Southern District of Florida. The class of consumers alleged that Erin Capital Management LLC improperly garnished wages in violation of the Fair Debt Collection Practices Act and Florida Consumer Collection Practices Act.
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