An unfortunate part of my job is to have a court officer seize assets from people who refuse to pay the judgments that are placed with us for collection. I don’t like doing this for several reasons. First, I much prefer to work on a payment plan with a debtor and to collect the judgment […]
Steve Harms, one of the giants in the legal debt collection community, spoke at the recent ICLE program. He spoke on the issue of attorney liens. Like us at Nitzkin and Associates, he does a lot of collection work for attorneys. He raised some very interesting points and gave us these tips for collecting fees […]
My good friend and colleague, Howard Young works for the dark side. He is an asset protection planning attorney. Recently, he spoke at the Institute of Continuing Legal Education Seminar on Debt Collection. He said that he represents wealthy individuals and that if he does his job right, we will collect nothing from his clients. […]
American Express settled its lawsuit against Visa for $1.8 billion. AE accused Visa conspiring to stifle banks from issuing AE credit cards. Mastercard has agreed to make 12 quarterly payments of $150 million each at AE. Here is AE’s chance to savor this moment and say “Priceless.”
On June 18, 2008, the Ohio Supreme Court held that a in order to prevail against an attorney in a malpractice action, the Plaintiff must show that the he would have won the underlying case and that the defendant in the underlying case was collectible. In Paterek v Peterson & Ibold, Mr. Paterek was injured […]
My wife and I are on vacation in New York. She would kill me if she knew that I was doing any sort of work including posting anything to my blog. She is still sleeping, so now I can send this note to you. Today, there is a very interesting article in the USA Today. […]
I just saw a fairly recent post from a “The Credit InfoCenter Blog.” It was arrogantly entitled “Now I’m Giving Advice to Consumer Attorneys.” To me, this post highlighted why a consumer ought not to seek legal advice from someone who is not an attorney. In this person’s post, she suggests that a debt should […]
Red Orbit report on the case of Saunders v. Branch Banking and Trust Co. of Virginia, No. 07-1108 (decided May 14, 2008) (Judges Michael, MOTZ, & Keeley (sitting by designation), as follows: FACTS: On August 31, 2003, Rex Saunders purchased an automobile from Richmond Mitsubishi, and the dealer assigned his loan for the car to […]
I love defending people against debt buyers because the Plaintiffs case is as strong as a house of cards in a hurricane. Debt buyers buy judgments, credit card charge offs and other sordid garbage debt for pennies on the dollar. Hell, there are even debt buyers that buy debt that has already been through a […]
In March of 2007, the U S Court of Appeals for the 6th circuit decided Mabbitt v Midwestern Audit Services. This was a very interesting case. Ms. Mabbitt and her sister shared a home on Leota Blvd. Consumers Energy provided gas to that space. The bill was in Ms. Mabbitt’s name. When she got over […]
