Recent Posts in Credit Card Debt Category

  • What to Do When Being Sued for Outstanding Credit Card Debt

    || 17-Apr-2017

    Unlike the federal government, who can garnish your wages if you don’t pay back your loans, private lending companies like credit card companies generally cannot garnish wages without taking legal action. When you receive notice of a credit card lawsuit, take the following steps. Don’t Ignore It It can often be tempting to just ignore a situation in the hopes it will disappear ...
    Continue Reading
  • Common Reasons People Fall Into Credit Card Debt

    || 20-Mar-2017

    Millions of Americans each year will either struggle to keep their finances positive or fall into debt. Each person who goes into debt will do so for his or her own unique reasons, of course, but many cases are linked directly to credit cards and other forms of credit lines. What is it about credit cards that can lead so many people into difficult financial situations, or even bankruptcy ? Our ...
    Continue Reading
  • Merchant Cash Advance & Business Debt Lawyers

    || 14-Mar-2017

    Nearly every day, our office receives phone calls from business owners that are desperately looking for a solution to their small-business debts. Whether it be an MCA debt (Merchant Cash Advance), a business loan, a line-of-credit, or even a commercial credit card, it can be tough to know where to turn when you can no longer afford to make the minimum payments. It’s no wonder that some ...
    Continue Reading
  • Consumer Debt vs. Business Debt: What's the Difference?

    || 21-Feb-2017

    Debt usually refers to money owed by one party, the debtor or borrower, to another party, the lender or creditor. However, there is a big difference between consumer debt and business debt, especially with how the debts are collected when they are in default status. Consumer Debt A debt is considered a "consumer debt" if it was primarily accrued for personal, family, or household ...
    Continue Reading
  • Useful Tips to Avoid Holiday Debts

    || 15-Dec-2016

    The holiday season represents a unique time of year where you are expected to spend more than you would on yourself and others than normal. In fact, many Americans actually plan to spend so much that they accrue debt that will take several months to pay off. This could arguably be giving too much. For your own benefit, it is probably best that you don’t rack up a holiday debt and keep in ...
    Continue Reading
  • 80% Debt Reduction with US Equities Corp & Linda Strumph

    || 7-Nov-2016

    Case Background In 2016, a Client retained our firm for assistance with resolving a judgment for an old credit card debt. The Plaintiff, U.S. Equities Corp, was represented by Attorney Linda Strumpf. The judgment was originally entered in 2004 for approximately $22,000, but with interest and poundage, the balance ballooned to $47,000. Our client was unaware of any lawsuit against her. Her first ...
    Continue Reading
  • American Express Lawsuit Settled With Jaffe & Asher LLP (39%)

    || 21-Oct-2016

    The Law Office of Simon Goldenberg PLLC provides a comprehensive suite of debt relief services, including defending consumers and businesses from collection lawsuits in New York and New Jersey. In this article, we are highlighting a case brought in Supreme Court by the law firm of Jaffe & Asher LLP for credit card debt. The borrower initially contacted our office for an evaluation of his case. ...
    Continue Reading
  • How To Reduce Credit Card Debts

    || 22-Jul-2016

    Since most people have credit cards, it’s critical to understand interest rates, and how the compounding of interest can cause your balance to grow at an alarming rate. Managing your interest rate could be the key to reducing credit card debts. If you make your monthly payments on time, your account might already qualify for a lower interest rate. Our attorneys suggest making a phone call to ...
    Continue Reading
  • Reduce Merchant Cash Advance & Business Loans

    || 11-Jul-2016

    If you own a business, you probably already know that maintaining sufficient cashflow is critical. However, with seasonal fluctuations, competition, and other variables outside of your control, trying to maintain financially stability while operating a small business can be challenging. Money is needed for inventory, raw materials, supplies, and human resources, so taking a business loan or a ...
    Continue Reading
  • New York City Debt Relief Lawyers

    || 7-Jul-2016

    If you’re looking for relief from your debts then you might already know how stressful the collection process can be. Regardless of whether you’re saddled with overwhelming credit card debts, business loans, or large student loan payments, you’ll want a seasoned attorney to help guide you to a fair resolution. At the Law Office of Simon Goldenberg, PLLC, we help New Yorkers get ...
    Continue Reading
  • Debt Buyer Lawsuits - Defense Strategies

    || 6-Apr-2016

    Many lawsuits, particularly with old debts, are brought by " debt buyers " who purchase debts from original creditors. Such "debt buyers" might have difficulty proving in court that they own the debt, that the debt ever existed, or that you owe the complete amount claimed. Furthermore, even if they could prove these things, "debt buyers" sometimes seek to collect ...
    Continue Reading
  • Can I Exclude a Credit Card from Chapter 7 Bankruptcy?

    || 24-Mar-2016

    One of the most common questions regarding filing for Chapter 7 bankruptcy is whether or not a debtor can choose to exclude a credit card from their petition for bankruptcy. Some people wish to collect the benefits of having their debts discharged during bankruptcy but do not want to risk losing their credit card in the process. On the flipside, a person may wish to omit their credit card debt ...
    Continue Reading
  • 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. ...
    Continue Reading
  • Filing for Chapter 7 Bankruptcy in Brooklyn, NY - FAQ

    || 9-Nov-2015

    Bankruptcy can be confusing and complicated. Hiring an attorney can make the process tremendously easier for the debtor. Our office handles the bankruptcy planning, so that we can identify red-flags that may interfere with the discharge of debts. We prepare the bankruptcy petition, which is typically in the range of 80 pages. We handle the filing of the bankruptcy with the court, and the ...
    Continue Reading
  • Selip & Stylianou Settles Midland Funding Lawsuit for 80% Off

    || 9-Oct-2015

    In this case, Midland Funding LLC hired Selip & Stylianou, LLP to bring a lawsuit to collect on a debt that was purchased from an assignee of the original creditor. The claim amount was in excess of $3,150. Upon receiving notice of the Summons and Complaint, the client contacted our office, and after a brief consultation, retained our attorneys for assistance in resolving the lawsuit. As part ...
    Continue Reading
  • 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 ...
    Continue Reading
  • Law Prohibiting Credit Card Surcharge is Upheld in Court

    || 2-Oct-2015

    NEW YORK, September 29 – New York’s Second Circuit Court of Appeals upheld a New York law prohibiting the imposition of surcharges on purchases made on credit cards. In a unanimous 3-0 vote, the federal appeals court issued a 57 page decision overturning the 2013 judgement passed by U.S. District Judge Jed Rakoff in the lower courts, which found the ban of the imposition of credit card ...
    Continue Reading
  • Schachter Portnoy Settles Lawsuit Debt for 90% Off

    || 4-Aug-2015

    In Cavalry Portfolio Services, LLC v. A.A., a lawsuit was brought by the law firm of Schachter Portnoy LLC against a New York defendant to collect on a debt originally owed to Cavalry Investments, as assignee of FIA Card Services. In 2010, the attorneys at Schachter Portnoy LLC were able to obtain a default judgment in the amount of $21,300. With the 9% judgment interest that accrues each year, ...
    Continue Reading

Contact Our Firm

Have questions? Fill out the information below to receive an immediate response.

Submit Your Message
New York Debt Collection Defense Attorney

Office Location:

Law Office of Simon Goldenberg, PLLC
New York Debt Collection Defense Attorney
818 E 16th Street,
Brooklyn, NY 11230
Local Phone: 347.389.0245
Directions [+]

Call for a free consultation

888.301.0584

Follow Us On:

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.