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debt collection
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Amicus Brief, on Eric M. Berman, P.C. v. The City of New York
New Economy Project submits a 2013 amicus brief in support of New York City’s authority to regulate debt collection attorneys.
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Wall St. Journal: Financial Watchdog’s Key Tool: Consumers’ Complaints
Wall Street Journal — Thousands of consumer complaints about credit cards, home loans, debt collectors and payday loans are turning into a pivotal tool for a new federal consumer watchdog as it steps up scrutiny over the financial system.
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NY Times: U.S. Vows to Battle Abusive Debt Collectors
New York Times — Federal regulators are cracking down on questionable debt collection practices by some of the nation’s biggest lenders.
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NY1: Advocacy Group Details Explosion In Debt Collection Lawsuits
NY1 — The Road to City Hall’s Errol Louis spoke with Sarah Ludwig, the founder and co-director of New Economy Project, formerly known as NEDAP, about her new report “The Debt Collection Racket in New York.”
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Bloomberg Businessweek: How Debt Collectors Ruin Credit Reports With ‘Sewer Service’
Bloomberg Businessweek — Creditors filed “upwards of 200,000” debt collection lawsuits in New York State in 2011, according to a report this week from the New Economy Project, a community advocacy group that has sued debt collectors in the past.
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Buffalo News: N.Y. Consumer Group Targets Deceptiveness of ‘Debt Buyers’
The Buffalo News — Hundreds of thousands of New York consumers are victimized by “predatory” debt-collection practices in which “debt buyers” flood the courts with unsubstantiated lawsuits and give inadequate legal warning to consumers in the hope that no one shows up to contest the claims, a new report by a consumer group said Monday.
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Syracuse Post-Standard: Report Finds Debt Collectors Abuse the Courts in Syracuse
Syracuse Post-Standard — Rosetta had no idea she had any outstanding debt until she was told at work that her wages were about to be garnished to repay the debt. The Syracuse woman, who didn’t want her last name used, said her identity had been stolen by someone who racked up more than $4,000 in…
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The Debt Collection Racket in New York
A report exposing how the debt collection industry uses the New York courts as a collection mill, depriving New Yorkers of due process and siphoning hundreds of millions of dollars from communities — especially communities of color — each year.
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NBCNews.com: Courts Clogged by Debt Cases, ‘Rubber Stamp’ Rulings, Advocacy Group Says
NBCNews.com — In Rochester, N.Y., city court is a busy place – for debt collectors. Plaintiff’s lawyers seeking judgments against alleged debtors consume 89 percent of the court docket — 7,148 of the 8,032 lawsuits heard in city court during 2011 involved debt collection, a remarkable number.