LR Credit, LLC is a high-volume debt buyer, located at 111 Eighth Ave., New York, NY 10011.

• LR Credit has been sued multiple times for debt collection abuse, harassment and for other unfair and deceptive debt collection practices.
• A recent investigative report by MFY Legal Services, Inc. found that in 2007, LR Credit filed 30,635 cases in New York City alone.  See Consumer Rights Project, “Justice Disserved,” June 2008.  The defendant appeared in court in only 8.24 percent of those cases.  Thus, the vast majority of those cases resulted in default judgments against the consumer.
• The Neighborhood Economic Development Advocacy Project, recently brought a class action against LR Credit, as well as several other debt collectors, for civil racketeering, deceptive business practices, and for violating the Fair Debt Collection Practices Act (FDCPA).  See Sykes v. Mel Harris and Associates, LLC, 09-civ-8486 (S.D.N.Y. 2009).  According to the complaint, the defendant debt collectors and debts buyers used fraudulent practices to obtain tens of thousands of default judgments in New York.  The consumers’ complaint recently survived a motion to dismiss.
• Schlanger & Schlanger, LLP has successfully represented consumers against LR Credit, LLC.  We have both successfully defended collection lawsuits brought by LR Credit, and have successfully sued LR Credit’s attorneys, Mel S. Harris & Associates, in federal court for violations of the FDCPA and for state consumer protection laws.  However, confidentiality provisions in these settlement agreements prevent us from disclosing the amounts our clients received in these lawsuits.

Don’t be a victim of debt collection abuse or harassment.  Enforce your rights under the Fair Debt Collection Practices Act (FDCPA) and other consumer protection laws.  If LR Credit or its attorneys Mel S. Harris & Associates are trying to strong-arm you into paying debts through false or unfair collection practices, contact the consumer lawyers at Schlanger & Schlanger, LLP at 1-800-685-2580 or by filling out our consumer questionnaire.