Archive for the ‘ Debt Collection Tricks and Traps ’ Category

FDCPA Class Action certified against NY Law Firm

Gary Nitzkin September 11th, 2006 Comments Off on FDCPA Class Action certified against NY Law Firm

The New York Law Journal reports that a New York law firm sent debt collection letters in violation of the Fair Debt Collection Practices Act.. If the law firm is found liable, it could be made to pay damages of 1 percent of its net worth plus attorneys ‘fees. Apparently, the firm is accused of […]

Michigan Debt Collection Attorneys finally get a break in the bankruptcy court

Gary Nitzkin June 13th, 2006 Comments Off on Michigan Debt Collection Attorneys finally get a break in the bankruptcy court

The bank lobby finally got is way in Congress with the Bankruptcy Abuse Preventon and Consumer Protection Act of 2005. Hell, you would’ve had to have been living under a rock in October 2005, not to have noticed the flurry of bankruptcy filings made before the deadline of the new Act. From a collection attorney […]

Michigan Debt Collection Lawyer Tip – Fraudulent Transfers Trick and Trap

Gary Nitzkin June 8th, 2006 Comments Off on Michigan Debt Collection Lawyer Tip – Fraudulent Transfers Trick and Trap

Michigan adopted the Uniform Enforcement of Fraudulent Transfers Act.( “UFTA”). In a nutshell, UFTA says that if your debtor, while owing you money, transfers his assets to someone else, you can sue that someone else to collect what is owed to you. But the Michigan Court of Appeals recently decided the case of Mather Investors […]