New York Debt Buyer Defense


A debt buyer is a company or organization that purchases defaulted debt from creditors for pennies on the dollar. Debt buyers purchase hundreds or thousands of delinquent accounts in one transaction, generally for a fraction of the face value of the debt. Once the debt buyer acquires your debt from a credit card or loan company, it stands in the shoes of the original creditor. As such, the debt buyer attempts to collect the entire amount owed, including late fees and finance charges resulting in significant profits to the debt buyer.


The Woods Law Firm, P.C. has the ability to defend debt buyer lawsuits in the Hudson Valley and throughout New York State. Some of the more prominent debt buyers include, but are not limited to:

  • Portfolio Recovery Associates, LLC
  • Unifund CCR Partners, LLC
  • Cavalry SPV I, LLC
  • Sherman Acquisitions, LLC
  • DNF Associates, LLC
  • Unifund Corporation
  • Absolute Resolution Investments, LLC
  • JH Debt Equities, LLC
  • LVNV Funding
  • Asset Acceptance Corp.
  • Velocity Investments, LLC
  • Arrow Financial Services, LLC
  • Midland Funding, LLC
  • RAB Performance Recoveries
  • The Bureaus, LLC

Debt buyers often lack substantiating documentation about the debts they pursue in court. In order to prevail on a claim for defaulted debt in New York, debt buyers must establish ownership of the debt and the validity of the debt, among other things. 

The Woods Law Firm, P.C. understands the methods that debt buyers and collection attorneys use to collect debts. If you have been contacted by a debt buyer concerning an alleged debt, contact The Woods Law Firm, P.C. for a case evaluation.

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At The Woods Law Firm, P.C., we focus on New York Consumer Law and are here to help you navigate the legal system.

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The Woods Law Firm, P.C. is committed to representing clients in New York's Hudson Valley and throughout New York State.

Contact us today for a case evaluation.