LR Credit, LLC
LR Credit, LLC is a high-volume debt buyer, located at 111 Eighth Ave., New York, NY 10011.
- LR Credit has been sued multiple times for debt collection abuse, harassment and for other unfair and deceptive debt collection practices.
- A recent investigative report by MFY Legal Services, Inc. found that in 2007, LR Credit filed 30,635 cases in New York City alone. See Consumer Rights Project, "Justice Disserved," June 2008. The defendant appeared in court in only 8.24 percent of those cases. Thus, the vast majority of those cases resulted in default judgments against the consumer.
- The Neighborhood Economic Development Advocacy Project, recently brought a class action against LR Credit, as well as several other debt collectors, for civil racketeering, deceptive business practices, and for violating the Fair Debt Collection Practices Act (FDCPA). See Sykes v. Mel Harris and Associates, LLC, 09-civ-8486 (S.D.N.Y. 2009). According to the complaint, the defendant debt collectors and debts buyers used fraudulent practices to obtain tens of thousands of default judgments in New York. The consumers' complaint recently survived a motion to dismiss.
- Don't be a victim of debt collection abuse.
If you are being sued by LR Credit, LLC or its representatives, or are suffering debt collection abuse or harassment at the hands of LR Credit, LLC, contact the consumer lawyers at The Law Office of Richard Groves at (602) 230-0995 or CLICK HERE
