debt collection

Crain’s New York Business — Debt collectors in New York hit upon a big idea last decade: They would buy defaulted credit-card or health-care bills, sue debtors without notifying them and then falsely state they had been properly served. Defendants, often poor minorities, didn’t show up in court. Default judgments were routinely entered, leaving collectors free to garnish debtors’ wages.

This spring, New Economy Project attended Encore Capital’s annual shareholder meeting at the Hyatt Hotel in midtown Manhattan. Three members of our legal team, Eve Weissman, Susan Shin, and Nick Loh, went to the shareholder meeting to call out ways that Encore, among the country’s largest debt buying companies, harms New Yorkers.

Crain’s New York Business — Esther Roman, a 60-year-old grandmother in Brooklyn, was alarmed when she noticed in January that her $300 weekly paycheck was $27.99 short. She called her employer, a home health care agency, which said her wages were being garnished after someone sued her, claiming she’d failed to pay an old credit-card bill.

Our Staff Attorney Eve Weissman appears on the Season the Bitch podcast to break down some of the systemic forces contributing to our culture of debt and enumerate your options and rights when dealing with debt collectors. Listen below or here.  

In December 2017, New Economy Project and co-counsel filed a state class action lawsuit against the debt collection law firm Houslanger & Associates and its debt buyer clients Virgo Capital and Aquarius Capital, as well as debt buyers Gotham Collection Services and HK Recovery Group, on behalf of Gladys Bostic, Cimeron DuBose, Gerald Dycha, and […]

In November 2017, with co-counsel, New Economy Project filed a federal class action lawsuit against the debt collection law firm Houslanger & Associates, as well as its debt buyer clients Virgo Capital and Aquarius Capital, on behalf of Ramel Sanders and Antero Sarreal, both low-income New Yorkers. The lawsuit alleges that Houslanger and its debt […]