Pressler & Pressler, LLP is a New Jersey law firm that has handled consumer debt collection litigation since 1930, for creditors and debt buyers. Its current website uses the name Pressler, Felt & Warshaw, LLP.
- Type
- Collection law firm
- Also known as
- Pressler & Pressler, LLP; Pressler, Felt & Warshaw, LLP
- Headquarters
- Parsippany, NJ
- Collects
- retail and consumer debts for creditors, accounts owned by debt buyers
- Phone numbers it lists
- (888) 312-8600, (973) 753-5100
- Website
- pfwattorneys.com
275 debt collection complaints were sent to the Consumer Financial Protection Bureau about Pressler & Pressler, LLP 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 Pressler & Pressler?
Pressler & Pressler, LLP is a law firm in Parsippany, New Jersey whose practice, according to the CFPB, has been primarily devoted to retail and consumer debt collection on behalf of creditors and debt buyers. The CFPB's 2016 consent order describes the firm as founded in 1930 and as handling debt-collection litigation in New Jersey, New York and Pennsylvania. The same order says the firm filed more than 500,000 lawsuits against consumers for its clients between 2009 and 2014.
The website now operating from the firm's Parsippany address, 7 Entin Road, Suite 100, uses the name Pressler, Felt & Warshaw, LLP and says it has focused on creditor's rights since 1930. That site lists a New York City Department of Consumer and Worker Protection license (No. 2069242-DCA) and a City of Yonkers license (No. 9967). Its published numbers are (888) 312-8600 toll-free and (973) 753-5100.
On April 25, 2016, the CFPB issued a consent order against Pressler & Pressler and two of its partners, Sheldon H. Pressler and Gerard J. Felt. The CFPB alleged that the firm filed collection suits based on summary data from clients, prepared largely by non-attorney staff, without attorneys reviewing original account-level documentation or confirming the debts were valid. The respondents consented without admitting or denying the findings. The order required them to pay a $1 million civil penalty and imposed conduct requirements on future suits. In a companion action the same day, the CFPB issued an order against New Century Financial Services, Inc., a debt buyer client.
Why Pressler & Pressler May Be Contacting You
Because this is a litigation firm, contact from it usually means one of two things: a demand letter warning that a client is considering suit, or a summons and complaint in a lawsuit that has already been filed. The plaintiff may be the bank or retailer that issued your account, or a debt buyer that purchased it after charge-off. If you were served, the deadline to respond runs from the date of service, and missing it can lead to a default judgment.
How to Check a Debt Pressler & Pressler Says You Owe
When a law firm is collecting, the question isn't only "do I owe this?" but also "can the plaintiff prove it?"
- If you get a letter before any suit, you are entitled to a validation notice (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34). Dispute in writing within the validation period if anything is unfamiliar.
- Find out who the plaintiff is. If it's a debt buyer, ask for the chain of title showing how your specific account passed from the original creditor to the buyer.
- Ask for account-level records, not just a spreadsheet balance: the charge-off statement, the payment history, and the agreement that applied to the account. The CFPB order focused on exactly this kind of documentation.
- Check limitations. Texas allows four years for most debt suits (Tex. Civ. Prac. & Rem. Code § 16.004), and debt buyers can't sue on time-barred consumer debt in Texas (Tex. Fin. Code § 392.307). New Jersey, New York and Pennsylvania have their own periods.
What Pressler & Pressler Can and Can't Do
Lawyers who regularly collect consumer debts, including through litigation, are "debt collectors" under the FDCPA (Heintz v. Jenkins, 514 U.S. 291 (1995)). That means:
- A letter on law-firm letterhead must not suggest an attorney has reviewed your file if none has (15 U.S.C. § 1692e(3)).
- It may not sue, or threaten to sue, on a debt that is time-barred.
- It must file suit in the judicial district where you signed the contract or where you live (15 U.S.C. § 1692i).
- Once you have a lawyer and the firm knows it, it must communicate with your lawyer instead of you (15 U.S.C. § 1692c(a)(2)).
Our debt lawsuit questions explain how to answer a collection suit. To have a collector's conduct reviewed, contact our FDCPA attorneys.
Government Actions on the Public Record
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 Pressler & Pressler 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.
Free FDCPA Case Review(214) 851-2250
Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.
Sources
- Pressler, Felt & Warshaw, LLP: Home
- CFPB: Pressler & Pressler, LLP, Sheldon H. Pressler, and Gerard J. Felt
- CFPB: Consent order, File No. 2016-CFPB-0009
- CFPB Consumer Complaint Database: Pressler & Pressler, LLP, debt collection
This profile is general information compiled from public sources, not legal advice, and it does not state or imply that Pressler & Pressler has violated any law. Company details change; tell us if something here is out of date.