Daily Investment Tips

If you are facing a debt collection law suit or you are being sued because of your outstanding debt your best strategy for defense is to focus on documentation. Insist the debt collection agency has no documents to show that you indeed owe the debt.

This worked successfully for a New Yorker. The case was profiled in New York times. Article courtesy of New York Times

At a civil court hearing in Brooklyn in March, Judge Noach Dear demanded documents from Cohen & Slamowitz supporting its claim that Herman Johnson of Brooklyn owed $3,797.27 in credit card debt. Mr. Johnson disputed the claim.

“What proof did you have that this is the true gentleman that you were trying to pursue?” the judge asked David Robinson, a lawyer for Cohen & Slamowitz, according to a transcript.

“Just his Social, his date of birth, and his address and the account,” Mr. Robinson said.

“That’s all you have?” the judge said. “So if you have somebody’s Social number, date of birth and address, you could sue them without any other information?”

Mr. Johnson’s case was dismissed, and Judge Dear last month issued an order requiring, among other things, that Cohen & Slamowitz provide further proof of a debt if a defendant challenged the firm’s claim.

written by Constantine Njeru \\ tags: Amp, Brooklyn, Civil Court, Court Hearing, Credit Card Debt, Credit Debt, Date Of Birth, David Robinson, Debt Collection Agency, Debt Collection Law, Defendant, Focus, Law Suit, Lawyer, Mr Robinson, New York Times, New Yorker, Noach Dear, Proof, True Gentleman, York Times Article

A green investing idea have come across is investing in a rooftop farm or garden. I first heard about rooftop farms in New York in a BBC program. At first i thought this was something new but after researching on the subject I discovered it is an idea that has been around for some time.

Rooftop farming is urban agriculture

Rooftop farms are cropping up on top of storied building in New York and across America. The farm owners are not just hobbiest, they are serious farmers trying to make a buck.

A good example is a group farm in New York called Brooklyn Grange. They were profiled in New York times. The group grow peppers, tomatoes and green vegetables. The vegetables are sold to local restaurants.

Making money in a rooftop farm

According to the team leader of the group, for such a venture to turn a profit you need a large space.

I noticed the members of Brooklyn Grange have to work as volunteers to cut cost. At the moment rooftop farming is still in its infancy, trying to find a business model that is profitable. The members of the partnership draw much satisfaction from doing something noble.

If you are interested in rooftop farming you may consider joining a  farm group partnership around your city. You may also start one but first make sure to know whether its legal in the first place. You don’t want to be breaking the law.

written by Constantine Njeru \\ tags: Bbc, Bbc Program, Breaking The Law, Brooklyn, Business Model, Farm Group, Farmers, Farming, Grange, Green Vegetables, Infancy, Local Restaurants, Making Money, New York Times, Partnership, Satisfaction, Team Leader, Tomatoes, Urban Agriculture, Volunteers