Default Judgment

A case decided by the Bankruptcy Appellate Panel of the Sixth Circuit, In re: McCoy, No. 15-8056 (6th Cir. 2016), illustrates why New Jersey attorneys representing debtors filing a Chapter 7 or Chapter 13 Bankruptcy Petition diligently do their "homework"...

Example:  Mary receives a Complaint filed by Pressler and Pressler, on behalf of Palisades Collection. Palisades claims Mary owes them several thousand dollars on a credit card she used years ago. She is informed that she has thirty - five...