Weather Alert

Accumulating snow ends between midnight and 2-3am as the Snow Storm Winds Down

Some additional bursts of moderate snowfall are likely through midnight with additional snow accumulations of 1"-3" through 2am.  Snowfall rates will rapidly diminish through early Thursday morning as the snowfall becomes light and intermittent with only a bit of patchy light snow or snow grains persisting beyond daybreak on Thanksgiving.
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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

NY settles probes of 2 debt collectors

ALBANY, N.Y. (AP) -- The New York attorney general has settled investigations of two debt collectors with civil penalties and agreements they stop pursuing default judgments on claims that are legally too old to collect.

New York's statute of limitations to collect is generally six years.

Authorities say nearly 3,000 improper judgments for about $16 million will be vacated.

According to Attorney General Eric Schneiderman, Portfolio Recovery Associates and Sherman Financial Group for years have sued New York consumers and obtained default judgments against people who didn't respond to the lawsuits even though claims were filed too late.

The companies buy unpaid consumer debt, largely from credit cards, often at deep discounts.

Without admitting the allegations, Portfolio Recovery has agreed to pay $300,000 in penalties and costs, while Sherman Financial agreed to pay $175,000.
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