This particular client contacted our office for assistance after receiving a notice of a lawsuit. The company suing them was JH Portfolio Debt Equities, which claims to have purchased the debt from the original creditor, Citibank. The amount of the claim was nearly $7,500.
We responded to the Complaint with a Verified Answer and included a Counterclaim under New York General Business Law. Thereafter, we served the attorneys at Stephen Einstein with a combined set of Discovery Demands, which included interrogatories, notices to admit, and demands for production of documents.
Ultimately, our attorneys negotiated a settlement whereby our client would pay $1000 in full satisfaction of the claims brought by JH Portfolio Debt Equities through their attorneys at Stephen Einstein Associates.
This settlement resulted in a reduction of approximately 85% off the balance alleged in the lawsuit.
By hiring the Law Office of Simon Goldenberg PLLC, our client:
- Saved over $6,000 off the outstanding balance
- Eliminated the accrual of future interest and/or fees
- Eliminated concerns about a judgment being entered by the court
If you are dealing with a lawsuit or judgment for an outstanding debt in New York, having an experienced attorney by your side can make a world of difference in how your matter is resolved. Learn how we may be able to assist you resolve your matter with Stephen Einstein or any other debt collection law firm that operates in New York.
We offer a free phone evaluation, call us at (888) 301-0584. Each case is unique, and each client has their own individual circumstances. Prior results do not guarantee, and are not indicative of, future performance. Contact us for an evaluation of your situation.