Archive for June, 2008

June 30, 2008 New York City Debt Settlement Rip-Offs

By: Daniel Gershburg
New York City is burgeoning with people who have become “debt settlement counselors” almost overnight.  It does not take much to become a debt settlement counselor in New York (not discussing the relevant legal issues involved).  Put up a sign saying something to the effect of “Say No to Debt” or “Debt Be [...]

June 19, 2008 Settling Debts for Pennies on the Dollar

By: Daniel Gershburg
I have to admit that I have a bit of fun with debt collection agencies.  More specifically, I find it somewhat amusing to give back to those who cause ohhh so much stress for my clients.  Recently, I had a client with a great credit score who had a large amount of debt [...]

June 5, 2008 Student Bankruptcy in College

By:  Daniel Gershburg
While I have written about this topic before, I nevertheless wanted to write a post to make clear two certain points.  
The first point is that, with very very very limited exceptions, student loan debt is NOT dischargeable.  I have been receiving numerous emails from students wanting to know if they can discharge [...]

June 3, 2008 New York City Collections, Judgments & Interest…OH MY!

By: Daniel Gershburg, Esq.
New Client in the Brooklyn office. Great guy.  Savy businessman.  Had some credit problems in the past and had a judgment entered in the amount of $70,000 with an income execution. In english that means a New York City Marshall taps into this individual’s account on a monthly basis and takes a [...]