Frank, Frank Goldstein & Nager is proud to announce that it has once again been recognized by Inc. Magazine’s prestigious Inc. 5000 list as one of the fastest-growing private companies in the United States. FFGN, a law firm devoted to the collection of bad debt, is the only New York Law Firm
Delays in shipping and fees levied on American importers have led to severe delays and new challenges for businesses over the last few years. However, a new act from Congress may signal an end to the egregious shipping delays plaguing American businesses. The Ocean Shipping Reform Act of 2022, a
On December 31, 2021, Governor Hochul signed the Fair Consumer Judgment Interest Act into law. This amended the post-judgment interest rate on all judgments against consumers from 9% to 2%, effective April 30, 2022. As part of the law, any current income executions need to be amended with their respective
Aside from judgments from family court, New York currently allows all judgment creditors the same opportunities to enforce their judgments. The remedies available differ based on whether the judgment is entered against a natural person, an individual, or a corporation. The nature of the debt alleged in the underlying action
The verdict in a recent court case has delivered another victory to assist New York consumers defending debt collection efforts in the state. The court has refused to prevent non-lawyers from the New York-based nonprofit Upsolve from offering legal advice to help consumers defend debt collection lawsuits. This goes against
Confessions of judgment may no longer be permitted as part of the necessary documents when buying or selling financial services or products to consumers in New York. Senate bill S2632 is another overt action taken by New York state to limit the entry of judgments without due process to the
It’s important you verify the information contained in a debt collection affidavit before you sign it. An affidavit is sworn testimony used to support your debt collection case. As with any signed document, you are “charged” with having read it and if it’s untrue, you run the risk of perjury
Testimony in debt collection actions may be made verbally or in writing by way of an affidavit, a sworn statement, or affirmation. In the past, affidavits for debt collection purposes typically required traveling to a notary, however, virtual notary services now remove the need to leave your home. Remote Notarization
Like everyone, the courts have had to adjust to the challenges of the COVID pandemic. If you have a debt collection case pending in the NY State Courts, you may be curious about virtual court options and what to expect at this point in the pandemic. In his latest report
Many prefer to receive text alerts, emails, or direct messages as appointment and payment due date reminders. Now, thanks to new debt collection communication guidelines, debt collection attorneys can use these alternate forms of messaging to alert you to an overdue bill. Although it seems like common practice to receive