The New York Law Blog by Hayes & Simon, P.C. | Int'l Law Firm
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In New York City, residents are protected from “harassment” by debt collection agencies under New York Consumer Protection Law. And the Department of Consumer Affairs (DCA) is the main agency that handles complaints related to debt collection issues. DCA also ensures that New York residents are protected from abusive practices
For the first time in nearly 40 years, the Consumer Financial Protection Bureau is proposing new rules that govern debt collection in an effort to clamp down on alleged abusive collectors. Debt collection is a multi-billion dollar industry. According to the Urban Institute, one in three American adults have a
New York debt collection requires street smart, a proactive game plan and the assistance, often, a debt collection lawyer in New York. The following is the NY basic debt collection legal jargon that you should know. A creditor is a person or entity to whom money is owed. Normally, a
Forbes has a great article on best invoicing practices. The Forbes article noted, in part, that: “First, standardize your business practices. Draw up a contract for every job, every client, every time. A contract should include a description of the work, payment information, and payment schedule. This will also help
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