Recent Posts in Citibank Category

  • Schachter Portnoy Settles United Guaranty Student Loan Lawsuit (33%)

    || 10-Oct-2016

    In today’s article we are discussing a student loan lawsuit brought in New Jersey in which we defended the client and ultimately settled for a substantial reduction. As is often the case, the borrower had fallen on hard times and consequently defaulted on a private student loan. The debt was assigned by Citibank to United Guaranty Commercial Insurance Company (hereinafter “ United ...
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  • 85% Debt Reduction on Stephen Einstein Lawsuit

    || 11-Dec-2015

    This particular client contacted our office for assistance after receiving a notice of a lawsuit. The company suing them was JH Portfolio Debt Equities, which claims to have purchased the debt from the original creditor, Citibank. The amount of the claim was nearly $7,500. We responded to the Complaint with a Verified Answer and included a Counterclaim under New York General Business Law. ...
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  • Stephen Einstein & Associates Settle Lawsuit for 38%

    || 6-Oct-2015

    Upon receiving notice of a lawsuit, a potential client inquired with the Law Office of Simon Goldenberg PLLC. After completing a free case evaluation and speaking with one of our lawyers, the client hired our firm for assistance with defense and settlement of the debt. In this case, the law firm of Stephen Einstein & Associates was representing a debt buyer that was attempting to collect on a ...
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  • Discover Student Loans To Pay 18.5 Million For Violations

    || 7-Aug-2015

    Many borrowers find it difficult to manage student loan debt. However, the challenges become exaccerbated when a loan servicer mishandles accounts en-masse. In recent news Discover Financial has come under heavy fire by the Consumer Financial Protection Bureau (CFPB). This ordeal has it's roots in 2010 when Discover acquired over 800,000 private student loans from CitiBank. Since the ...
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