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Collection law firm

Markoff Law LLC: Who They Are and Your Rights

In short

Markoff Law LLC is a Chicago-based collection law firm that represents lenders, businesses and creditors in consumer and commercial collections, lawsuits and judgment enforcement in five Midwestern states. A letter or lawsuit from it usually means a creditor has referred your account for legal collection.

Type
Collection law firm
Also known as
Markoff Law, LLC; Markoff Law PLLC; Markoff & Krasny
Headquarters
Chicago, IL
Collects
consumer accounts for lenders, businesses and creditors, commercial accounts, judgments
Phone numbers it lists
(312) 698-7300, (855) 528-0388
Website
markofflaw.com

27 debt collection complaints were sent to the Consumer Financial Protection Bureau about Markoff Law LLC from November 13, 2023 to November 12, 2026. A complaint is a consumer's account, not a finding that the company broke the law. Read the complaints in the CFPB database.

Who Is Markoff Law?

Markoff Law LLC is an Illinois limited liability company that practices creditors' rights, collection law and judgment enforcement. Its headquarters is at 200 W. Monroe St., Suite 900, Chicago, IL 60606. The firm traces its history to the partnership of Markoff & Krasny, founded April 1, 1980. According to its timeline, Markoff Law LLC was formed in 2011 by combining Markoff & Krasny, The Albert Law Firm and Kevin M. Kelly P.C., and it later absorbed Grabowski Law Center (2017), LJ Frank PC (2020) and the Law Offices of Kimberly J. Weissman (2023).

The firm handles collection, litigation and judgment enforcement in Illinois, Wisconsin, Michigan, Kentucky and Ohio, and registers as Markoff Law PLLC in Michigan. For accounts elsewhere, it says it acts as a "forwarder," sending files to local collection firms it works with. Its main numbers are (312) 698-7300 and toll-free (855) 528-0388, and its pages state that communications are from a debt collector.

Why Markoff Law May Be Contacting You

Markoff Law says it represents "creditors, lenders, and businesses" in consumer collections. A creditor typically sends an account to a firm like this after its own collection efforts or an agency's have not worked, and often when it is considering a lawsuit. You might get a demand letter, a summons and complaint, or, if a court has already entered judgment, notices about enforcement such as a bank-account levy or wage deduction where state law allows it. If you live outside the five states it covers, a different local firm may contact you on its behalf.

How to Check a Debt Markoff Law Says You Owe

  • Identify the client. The firm's validation notice must name the creditor and itemize the balance since a reference date (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34). Check that you had an account with that creditor.
  • Dispute in writing within the validation period if anything is unclear. Collection pauses until the firm sends verification. A lawsuit's answer deadline does not pause, though. See does calling the collector stop the deadline?
  • Ask whether the creditor still owns the account or sold it, and get the account's charge-off date.
  • Check the limitation period. In Texas it is generally four years (Tex. Civ. Prac. & Rem. Code § 16.004), and a debt buyer cannot sue on a consumer debt after that (Tex. Fin. Code § 392.307). Illinois and the other states where Markoff practices set their own periods.

What Markoff Law Can and Can't Do

Attorneys who regularly collect consumer debts are covered by the FDCPA (Heintz v. Jenkins, 514 U.S. 291 (1995)). That applies to Markoff Law's consumer work:

  • It may not file suit in a distant county. A consumer collection suit generally belongs where you live or where you signed the contract (15 U.S.C. § 1692i).
  • It may not threaten action it doesn't intend to take or can't legally take (15 U.S.C. § 1692e(5)).
  • Once it knows you have a lawyer, it must contact the lawyer instead of you (15 U.S.C. § 1692c(a)(2)).
  • It is limited to seven collection calls in seven days per account (12 C.F.R. § 1006.14(b)(2)).

We did not find a CFPB enforcement action against Markoff Law. If you have been sued, read what to do first or contact our FDCPA attorneys.

We Sue Debt Collectors That Break the FDCPA

Texas Debt Law files Fair Debt Collection Practices Act lawsuits against debt collectors in federal court for consumers in Texas, California, Illinois, Georgia and Colorado. If Markoff Law LLC or anyone collecting for it harassed you, misstated what you owe, threatened action it could not take, or told others about your debt, you may have a claim. A court can order a collector that violated the FDCPA to pay your actual damages, up to $1,000 in additional statutory damages, and your attorney's fees and costs (15 U.S.C. § 1692k(a)). An FDCPA claim generally must be filed within one year of the violation (§ 1692k(d)), so keep your letters, call logs, voicemails and screenshots, and talk to us early. Texas residents may also have claims under the Texas Debt Collection Act. Learn more from our FDCPA attorneys.

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Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.

Sources

This profile is general information compiled from public sources, not legal advice, and it does not state or imply that Markoff Law LLC has violated any law. Company details change; tell us if something here is out of date.

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