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Parsippany law firm fined $1 Million over abusive debt-collection lawsuits

Pressler & Pressler was ordered to pay a fine of $1 million

Frank L. Cahill
By Frank L. Cahill
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The U.S. Consumer Financial Protection Bureau has fined a Parsippany law firm, Pressler & Pressler, and ordered them to stop filing abusive debt-collection lawsuits. Pressler & Pressler is located at 7 Entin Road

NEWARK — The U.S. Consumer Financial Protection Bureau has fined a New Jersey law firm and the debt collection company it worked with and ordered them to stop filing abusive debt-collection lawsuits. The bureau Monday announced the actions against the law firm of Pressler & Pressler in Parsippany and New Century Financial Services of Whippany. The…

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Frank L. Cahill
Frank L. Cahill
Publisher of Parsippany Focus since 1989 and Morris Focus since 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, Governor-Elect NJ District Kiwanis International and Chairman of Parsippany-Troy Hills Economic Development Advisory Board.
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Parsippany Focus is a digital news organization that provides news coverage of Parsippany-Troy Hills, New Jersey. The organization was founded in 1989 by Frank Cahill, who currently owns and operates the organization. Parsippany Focus covers local news, events, and community issues, and their content is primarily distributed through their website and social media channels. The organization has been serving as a trusted source of news and information for the Parsippany-Troy Hills community for over 30 years.

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