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

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

Pressler and Pressler — 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

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

By Frank L. Cahill

Apr 27, 2016

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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

Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill previously served as the Executive Board Member of the Parsippany Area Chamber of Commerce, Immediate Past Governor of NJ District Kiwanis International, President Kiwanis Club of Greater Parsippany, President Parsippany Community Professionals and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board.