In August 2014, MFY and Legal Services-NYC submitted an amicus brief to the New York Court of Appeals in the case of Santiago-Monteverde v. Pereira, arguing that a rent-stabilized lease should be exempt from a debtor’s bankruptcy estate as a “local public assistance benefit.” The New York Court of Appeals agreed today, helping to end […]
MFY submitted comments in support of CFPB’s policy proposal that consumers be allowed to release their complaint narratives to the public through a complaint database. Current complaint categories provide little understanding of the consumer’s experience. Releasing the narratives will reveal potential predatory lending in the communities MFY serves.
Real NY features an interview with MFY attorney Evan Denerstein on consumer law in New York, in which he provides guidance and information about how to handle debt collection matters and where consumers can go to get help.
An op-ed in the Daily News on May 7, 2014 highlights MFY’s defense of a victim of unscrupulous debt collectors and applauds Chief Judge Lippman’s efforts to rein in abusive debt collectors.
MFY Legal Services is urging state legislators to support the Consumer Credit Fairness Act, which will help protect consumers against abusive debt collection practices. Listen to Supervising Attorney Carolyn Coffey’s speak about the bill on WCNY.
In comments today to proposed rules on debt collection, MFY urged the Consumer Financial Protection Bureau to adopt strong rules and robust enforcement mechanisms to protect consumers from abusive debt collection practices.
MFY submitted comments strongly opposing the Office of Court Administration’s (OCA) proposal to create statewide forms for debt collectors to use when seeking default judgments in consumer credit actions. Although MFY recognizes OCA’s initiative in addressing the meager amount of proof required to obtain default judgments in these cases, the proposed forms actually serve to […]
MFY, along with New Economy Project and DC37 filed an amicus curiae brief supporting the state’s efforts to protect New Yorkers from payday lenders whose practices violate the state’s usury laws and are illegal.
MFY Legal Services is representing a Queens man who filed suit on October 4 in federal court, charging the New York Motor Group tricked and coerced him into signing documents he was not permitted to first read, which doubled the agreed-upon purchase price. When the buyer and others who had been similarly swindled carried out […]
In October 2013, MFY submitted comments regarding debt collection rules proposed by the NYS Department of Financial Services. Overall, MFY supports the implementation of rules and believes they will help alleviate some of the debt collection problems faced by our clients, but raises concerns about the length and content of the rules and offers suggestions […]