Cuomo Subpoenas Debt Collectors

Posted by Orb Staff on May 29, 2009 No Comments
Categories : Mortgage Servicing

fice of New York Attorney General Andrew M. Cuomo has launched a statewide inquiry into debt collection companies. As part of the inquiry, Cuomo's office obtained a court order against Lamont Cooper and his two debt collection companies, Emanee Development Inc. and Dial Tech LLC, under which the companies will shut down and Cooper will be forced to pay restitution to consumers statewide. According to Cuomo's office, Cooper's companies unlawfully lied to consumers, threatened to arrest them, intimidated them into paying debts that they sometimes did not even owe, and committed other acts that are prohibited under the Fair Debt Collection Practices Act. Nearly 20 other debt collectors in New York have been subpoenaed by Cuomo's office as part of its ongoing investigation into various facets of the debt industry. The companies subpoenaed by Cuomo's Office include Cavalry Portfolio Services LLC; Cohen & Slamowitz LLP; Debt Recovery Solutions LLC; Eltman, Eltman & Cooper; Forster and Garbus; LHR Inc; Mel S. Harris & Associates LLC; Med-Rev Recoveries, Inc.; Mitchell N. Kay PC; NCO Portfolio Management Inc. and NCO Financial Systems Inc.; North Shore Agency Inc.; RJM Acquisitions LLC; Rubin & Rothman LLC; and Sharinn & Lipshie PC. SOURCE: Office of Attorney General Andre

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