CNN reporter Fredericka Whitfield interviewed Jocelyn Nager, president of Frank, Frank, Goldstein & Nager on Sunday, March 24 to discuss former President Donald Trump’s civil fraud case. Reports stated it may not be possible for the former president to bond the state’s nearly half-billion ($500,000,000) judgment. Following the interview, the
On March 5, 2024, New York State Attorney General Letitia James filed a lawsuit against Yellowstone Capital, a merchant cash advance company, for orchestrating a predatory lending scheme. The lawsuit also names Yellowstone’s founders individually, and 30 other subsidiaries and officers. The petition alleges Yellowstone exploits small businesses through fraudulent
The New York State Attorney General’s job is to protect the citizens of the State from bad actors. That would include pursuing a Debt collection company that acts deceptively and fraudulently. New York State Attorney General Letitia James may be most recognizable from her high-profile cases including the current case
“It’s on our invoice!” Wondering if the printed language appearing on your invoice is enforceable if you go forward with a NY Debt Collection claim? More and more creditors are including language on invoices anticipating non-payment by customers. But what happens when the customer defaults? Does the fact that
As millions of people stayed home during the pandemic, they turned to digital entertainment services, meal delivery services, clothing subscriptions, and online diet and exercise programs. This gave businesses the incentive to shift to a digital subscription model. At the same time, many businesses adopted deceptive subscription marketing policies that
On Tuesday, January 9, New York Governor Kathy Hochul delivered the 2024 State of the State address, discussing certain changes that will affect debt collection within the state. Hochul made it clear that the state will assist consumers in New York by adding greater consumer protections—a plan that will affect
New York State has made it even easier for parties involved in a New York debt collection case to pursue their claims. Effective January 1, 2024, New York State will no longer require an Affidavit to support NY debt collection cases. This is good news, as the absence of this
Should New York State Governor Kathy Hochul sign Bill S7476, businesses may have more options when it comes to suing an out-of-state customer for non-payment in New York. The bill would essentially make it so that every company registered to do business in New York agrees that the New York
A court in Canada recently ruled that a farmer’s “thumbs up” emoji response to a contract sent by a grain cooperative counts as acceptance of a contract, making the document a legally binding agreement. The case was heard in the Canadian province of Saskatchewan, where a court sided with a
What happens to the money on deposit at the debt collection lawyer’s bank if that bank fails? Could you stand to lose the money? Recent news could leave you wondering whether monies collected and deposited by your debt collection attorney on your behalf will be safe or at risk. This