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New York Debt Collection Settlement

Frank, Frank, Goldstein & Nager » Blog » New York Debt Collection Settlement
Uncategorized

Potential Tax Consequences Killed the New York Debt Collection Settlement

Oct 24, 2016

  Defendants continued to deny they owed the monies due under the loan claiming the loan was for someone else’s benefit.  Although the terms were clear: sixty (60) installments, thirteen (13) payments made, clearly a defaulted loan. The borrower brought the other party that benefited into the case.  All parties asserted

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