Debt Relief Lawyers
Free Initial Evaluation 888.301.0584

Are You Being Sued by Cohen & Cohen LLC?

If you've received a lawsuit notification from Cohen & Cohen LLC, you might be feeling overwhelmed. It's crucial to understand that this law firm is well-versed in representing various creditors and debt buyers. Law Office of Simon Goldenberg, PLLC is here to explain useful information about Cohen & Cohen LLC’s debt collection practices and how our consumer protection lawyers can help you defend against these lawsuits while reducing the debts you owe.

Background of Cohen & Cohen LLC

Cohen & Cohen LLC, initially operating under the name Law Office of Steven Cohen LLC, is a legal entity that has carved out a niche in the debt collection industry, particularly in New York. The firm is located at 540 East 180th Street, Suite 203, Bronx, New York 10457, and can be reached at (212) 564-1900.

Their legal practice predominantly focuses on collecting various types of debts, including credit card bills, student loans, medical debt, and insurance-related debts, by bringing lawsuits against consumers on behalf of their clients. At its helm is Steven Cohen, with Koby Sibghir and Bruce Rachmil playing key parts as litigation associates.

Clientele and Debt Collection Practices

Cohen & Cohen LLC extends its legal services to a number of clients. From financial institutions like banks and insurance companies to medical facilities, educational institutions, and even individual landlords, the firm’s client base is diverse. They've represented creditors and debt buyers such as American Express, Jefferson Capital Systems, LVNV Funding, Accelerated Inventory Management LLC, Plaza Services LLC, Velocity Investments LLC, Great Seneca Financial Corporation, and many others in their efforts to collect outstanding debts. They’re also actively involved with DBA International, a debt-buying industry group. Additionally, the firm has been involved with various universities and colleges, indicating a wide reach in its debt collection practices.

Legal and Ethical Considerations in Debt Collection

When you're facing debt collection, it's crucial to understand the legal and ethical boundaries that should guide these practices. Debt collectors, including law firms like Cohen & Cohen LLC, have the right to pursue payments for outstanding debts. However, their methods are regulated by laws designed to protect you from unfair practices. For example, they can't harass you with constant calls at odd hours or threaten you with actions they can't legally take. These rules are in place to ensure that while collectors can seek payment, they must also respect your dignity and rights.

The ethical aspect of debt collection is equally important. Collectors should aim to be transparent about the amount you owe and should not inflate the debt with unreasonable fees or interest. If you ever feel that a debt collector is demanding more than you owe, or if their behavior crosses the line into harassment, it's vital to know that you have legal recourse. You can challenge their claims or report them to regulatory authorities.

The Process of Debt Buying and Settlement

The world of debt collection includes not just original creditors but also debt buyers. These buyers purchase delinquent debts from the original lenders at a fraction of the total amount owed. Why does this matter to you? Because debt buyers are often more willing to settle for a lower amount than what was originally owed. This process opens a door for negotiation, potentially allowing you to clear your debt for less than you thought possible.

Negotiating a debt settlement can be a complex process, and it's where having experienced legal help can make a big difference. An attorney can communicate with the debt collector on your behalf, ensuring that any settlement agreement is fair and within your ability to pay. The negotiation might involve offering a lump sum that's less than the total debt or arranging a more manageable payment plan. The key is to reach a deal that acknowledges the debt buyer's investment while also providing you with a realistic path to get out of debt. Remember, while debt buyers aim to profit from purchasing and collecting the debt, there's often room for negotiation, especially with the right legal lawyer on your side.

Consumer Advocacy Law Firm as a Resource

When you're facing a lawsuit over debt, it might feel like you're out of options. However, it's crucial to remember that you're not alone in this fight. Law Office of Simon Goldenberg, PLLC stands as a beacon of hope for individuals struggling under the weight of debt lawsuits. Our firm defends clients against aggressive debt collection practices, offering a pathway to potentially reduce what you owe substantially.

At Law Office of Simon Goldenberg, PLLC, the approach is client-centered, focusing on your specific situation to explore all available legal rights and options. Whether it's negotiating with creditors to lower your debt or fighting unjust practices in court, the firm is dedicated to your financial recovery. They understand the tactics used by creditors and debt collectors and have a proven track record of turning stressful situations into manageable solutions. By working with us, you can fight back against the debt collectors. This support can significantly reduce your anxiety, allowing you to focus more on moving forward with your life rather than being bogged down by debt.

Importance of Experienced Legal Defense

The value of having experienced legal defense cannot be overstated when it comes to debt collection lawsuits. Firms like Cohen & Cohen LLC are known for their persistence in pursuing debts, but having an experienced attorney by your side levels the playing field. Law Office of Simon Goldenberg, PLLC, brings years of experience in dealing with a wide range of collection claims and lawsuits. This experience is critical in handling all the complicated aspects of debt collection laws.

With Law Office of Simon Goldenberg, PLLC, you're not just getting a lawyer; you're securing a defense tailored to your unique situation. Their experience in negotiating with creditors can lead to significant reductions in the amount you owe, sometimes enabling clients to settle for fractions of the initial debt. Moreover, their legal team is skilled at identifying and challenging any unfair practices employed by debt collectors, ensuring your rights are protected throughout the process.

If you find yourself facing legal action from creditors, don't hesitate to seek the help you need. Contact Law Office of Simon Goldenberg, PLLC, today by calling (888) 301-0584 or reaching out online. We offer a free consultation to explore your legal rights and options, providing a critical first step in defending against aggressive debt collection and working towards a brighter financial future.