MFY joined scores of consumer, small business, labor, good government, financial protection, community, health environmental, civil rights and public interest groups in signing a letter on Monday, January 30, 2017 to senators urging them to oppose the use of the Congressional Review Act (CRA) to repeal public protections that are critical to ensuring consumer protections and […]
New Yorkers for Responsible Lending, a 180-member coalition in which MFY plays a leading role, reaffirmed its commitment to the goal of financial justice for all New Yorkers and pledged to be a “firewall” against any federal backsliding on consumer financial protection, fair lending and marketplace oversight under the Trump administration.
The Civil Legal Advice and Resource Office (CLARO) honored MFY Senior Staff Attorney Ariana Lindermayer for her expertise and assistance to low-income New Yorkers with consumer debt problems at CLARO clinics throughout the city. MFY participates regularly in advising people with consumer debt at CLARO’s court-based clinics as part of our Consumer Rights Project.
In testimony before NYS Assembly committees investigating mandatory arbitration clauses in contracts, MFY Staff Attorney Nicole Arrindell showed how this system is biased and rigged against low-income consumers and low-wage workers, and urged the Assembly to ban it.
MFY Legal Services, the New Economy Project and Emery Celli Brinkerhoff & Abady settled a class action lawsuit yesterday on behalf of more than 300,000 victims of abusive debt collection practices in New York State for $59 million. In addition to the fund, some 190,000 judgments are to be vacated.
An article in the ABA Journal, Debt-buying industry and lax court review are burying defendants in defaults, provides an overview of the problem of default judgments in debt cases and highlights new practices in several states. MFY Supervising Attorney Carolyn Coffey comments on New York’s backlog in filing documents required by debt buyers seeking default […]
In written testimony to the NYS Department of Labor, MFY supports rule changes that would create strong worker protections and rein in abusive practices that are rampant in the payroll card industry. MFY supports provisions prohibiting employers from forcing workers to accept payroll cards, and banning high and hidden fees to access wages, and proposes […]
In 2013 MFY submitted an amicus brief on behalf of 17 consumer advocates and organizations arguing that the city’s law requiring debt collectors to be licensed by the Department of Consumer Affairs should apply to attorneys as well as non-attorneys. The Court agreed finding that there was no conflict between the City’s law and the […]
MFY supports swift passage of the Consumer Credit Fairness Act (CCFA) (A. 4438), which would strengthen the pleading requirements in debt collection cases, enhance notice requirements, and require greater information when applying for a default judgment, thereby leveling the playing field for pro se litigants. CCFA will codify many of the provisions found in the […]
Tens of thousands of New Yorkers who were never served legal papers in debt collection cases and had default judgments based on robosigned affidavits entered against them between 2006 and 2009 will have their day in court. In a suit brought on behalf of consumers by MFY Legal Services, the New Economy Project, and Emery […]