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New York City’s highest-earning official is a debt collector

134 pointsby Benlightsover 6 years ago

9 comments

JumpCrisscrossover 6 years ago
&gt; <i>In an archaic system dating to colonial New Amsterdam, he’s one of 35 mayoral appointees who compete for fees recovering debts. Marshals mostly evict tenants and tow cars, but Barbarovich and a few others have become cogs in a debt-collection machine that has crushed thousands of small businesses. They use their legal authority on behalf of lenders who charge more than some mafia loan sharks once did.</i><p>This needs to be fixed. Just e-mailed my City Council member, who is also the body&#x27;s Speaker.<p>Irritated on so many levels. He is a public employee. He is abusing New York City&#x27;s status as a financial hub. He&#x27;s cramming garbage into our city&#x27;s stretched judicial system, garbage protecting economic activity occuring pretty much wholly outside our city.<p>&gt; <i>In June, Biegel faxed an order demanding money to a bank in Elmira, New York, 173 miles northwest of the city. He claimed that a state court had entered a judgment against a plumber named Orion Megivern. That wasn’t the case. The lender had tried to enter a confession of judgment at a clerk’s office in Staten Island, but the clerk there hadn’t yet acted on the application</i><p>That&#x27;s wire fraud!
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forapurposeover 6 years ago
This is better than many U.S. states, where the highest-earning public employee is a football coach.<p>But let&#x27;s also consider that in private industry, a great many people in finance make more money than almost every professor. In almost every major sport, a backup professional athlete makes more money than the U.S. general in charge of security and of every military asset and operation in the entire Mideast. How many professions make more than doctors who save lives daily? Than teachers?<p>The issue is that the current labor marketplace does not allocate resources to those who provide the most benefit to society.<p>EDIT: Added the last 2 paragraphs
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sctbover 6 years ago
Related discussion: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=18560153" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=18560153</a>.
rv-deover 6 years ago
Is it to obvious or why is nobody expressing amusement upon the man&#x27;s apt first name against the backdrop of the barbarism of what he calls his profession?
tooltalkover 6 years ago
It&#x27;s not too surprising for a city where a policeman can make $150k (base and overtime) year just after 8 years in service.
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sol_remmyover 6 years ago
I met an underwriter through synagogue who works at the predatory lending office mentioned in this article (Queen Funding LLC). I will have a talk with him about this..
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victor106over 6 years ago
I am surprised New York still has such archaiac laws. Being a progressive state and city I would have expected these kind of laws to be modified.
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TACIXATover 6 years ago
Unpopular opinion, but I really respect this profession and people making the most of their circumstances. My girlfriend had a shitty landlord that withheld her deposit. She won in small claims court. She had no way to get the money after that. I have very little sympathy for people who owe a debt to be collected upon. Especially when they&#x27;ve signed the papers allowing it.<p>Also good on this guy for increasing his income from 90k a year to 1m.
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75dvtwinover 6 years ago
The only way to fight corruption, is to mercilessly reduce power of elected officials, or the officials appointed by elected officials. Via the vote.<p>There is simply no other way.<p>A hope for a powerful yet fair political elite without a term limit -- is analogous to believing that earth is flat.<p>These leaches will tell their voters, how they will &#x27;fix things&#x27;, and how the &#x27;needy will be served&#x27;, and how the unfair will be made fair, etc.<p>As long as they get the checkbook, the law enforcement and the media &#x27;covering&#x27; for them.<p>There is little difference between the modern day enabled &#x27;Progressive&#x27; politician, and the old day racketeering Mafiosi.<p>Both wanted to control their &#x27;sphere of influence&#x27; by very similar methods. And both want their &#x27;subjects&#x27; to be as powerless as possible (in both legal, and self-defense senses)<p>Both use a form of assassination to scare the opponents (mafia chose physical, and the progressive politicians go for the economic &amp; character assassination first ).