New Jersey Court Clarifies Requirements for Debt Purchasers Suing on Credit Card Debts
In an unpublished decision, a New Jersey appeals court clarified the legal requirements that credit card debt purchasers must meet in order to pursue collection from consumer account holders. Main Street Acquisition Corp. v. Nemeth (App. Div., April 1, 2014). Specifically, the appellate court declared: A plaintiff suing on an assigned, char ... Read More.