Pressler & Pressler, New Century Financial Services, Inc., CitiBank
Suing me for balance which was paid in full by CreditShield disability insurance

Business & Finance

I am writing for my brother who is totally disabled and paralyzed after a stroke. Pressler & Pressler (P&P) kept calling and harrassing him about an old CitiBank MasterCard account. Even though we sent copies of insurance paperwork saying the balance was paid in full, P&P filed suit for $6,900. The beginning balance in 12 was $6,200. The card was never used again from that point. The insurance company paid the minimum payments for 3 years totalling $6,304.13. It appears that CitiBank applied the $150-$190 minimum payment made by their disability insurer each month to $60 for CreditShield insurance premium and the balance to the 31.99% interest they imposed, so that 3 years down the line, they say he owes more than the balance due from the date of disability, even though they got $6,300 in payments from the insurance! P&P filed numerous motions, i.E. Claiming failure to answer interrogatories, trying to get summary judgement, etc. Legal aid is too busy to help. It's impossible to keep up. They are scum!


Company: Pressler & Pressler, New Century Financial Services, Inc., CitiBank
Country: USA
State: New Jersey
City: Parsippany
Address: 7 Entin Road, Parsippany, NJ
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