Recent News – Nassau Suffolk Law Services
September 19, 2023

SAVE (Saving on a Valuable Education) Plan replaces the REPAYE (Revised Pay As You Earn) Plan

SAVE (Saving on a Valuable Education) Plan replaces the REPAYE (Revised Pay As You Earn) Plan. You can apply today to take advantage of this new […]
July 21, 2023

Consumer Update for Bank of America Customers!

Attention Bank of America Customers! The Consumer Financial Protection Bureau recently took action against Bank of America for breaking federal laws that apply to financial products. […]
July 21, 2023

July 2023 Student Loan Update!

Student Loan Update! On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 […]
March 1, 2023

Student Loan Relief Extended

Biden administration extends student loan relief until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments […]
December 7, 2022

December 2022 Consumer Debt Update

Did you know more than 50,000 New Yorkers have been sued for medical debt over the past five years! Governor Hochul signed legislation on November 23, 2022 […]
July 7, 2022

How much can a creditor garnish from my bank account?

As of January 2022, the minimum wage on Long Island is $15 per hour. With this increase, the amount of disposable income exempt from garnishment to […]
June 6, 2022

New Consumer Credit Debt Statute of Limitations

New Consumer Credit Debt Statute of Limitations! The New York State Consumer Credit Fairness Act mandates that starting April 7, 2022, creditors cannot sue or make […]
May 18, 2022

Medical Debt and your credit report

Beginning July 1, 2022, the credit bureaus will remove medical debt that has been paid off. Additionally, starting July 1, 2022, the grace period before reporting […]
January 7, 2022

Consumer Judgment Interest lowered to 2%

On December 31st, 2021, Governor Kathy Hochul signed the Consumer Judgement Interest Act (S.5724A/A.6474A) to protect New Yorkers from the excessive interest rate on money judgments […]