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Eric Foster | Old Saybrook Bankruptcy Lawyer

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Eric Foster Lawyer

Eric L Foster update listing

We handle consumer rights and business law matters including consumer debt defense.

Bankruptcy & Debt, Business, Employment, Lawsuit & Dispute, Real Estate, Credit Repair, Debtor Rights


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Mr. Foster's engages in a broad legal practice that includes family law, debtor and credit representation and commercial litigation. More recently, his practice has focused primarily on aggressively representing consumers that have been sold financial products and services that were not suitable for their needs, including, home mortgages, home equity lines of credit, credit cards and payday loans. Prior to establishing Lindh Foster, LLC, Eric Foster has spent 22 years working closely with the banking and securities industry in New York, Washington D.C., London and in Asia as a regulator, a trade association representative and as an attorney in private practice. He has worked with many of the leading fixed income securities, foreign exchange, commodities and derivatives dealers and provided compliance and legal advice on various types of trading activities and finance transactions. Mr. Foster is a member of the American Bar Association and the Connecticut Bar Association.

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Please describe a case(s) in the last year or two where you made a big difference.
In August 2013, I won a significant financial settlement for a victim of high pressure sales tactics involving door-to-door sales of overpriced and defective consumer products. We not only got the sale contract voided and her deposit returned but she also benefited from a significant financial settlement. In July 2013, I successfully brought suit and settled several cases against collection agents involving illegal and deceptive collection practices. I recently filed a class action suit against one of the largest debt collection firms in the country in connection with their routinely placing illegal and unauthorized calls to consumer cell phones in violation of the Telephone Consumer Protection Act (TCPA).

How did you build a successful practice?
We built our reputation by focusing solely on educating consumers about their rights and enabling consumers to stand up and effectively exercise their rights, especially as borrowers when they have been treated unfairly by financial institutions or retailers. We are also committed to helping homeowners buy a home they can afford by assisting consumers in closing home purchases and refinancing in a cost effective manner. We have a reputation for providing timely and proactive representation of our clients. Our record of successfully fighting for victims of unscrupulous debt collectors, harassing phone calls and predatory lenders has lead to significant business referrals.

What should clients look for in a lawyer?
In addition to the essential qualities of honesty, integrity and efficiency, a good lawyer must be responsive to their clients needs, a really good listener and a friend in which you can confide.

What information can you provide in a free phone consultation?
During our free initial telephone consultation or visit, we provide consumers with a quick sense of their legal options and whether they are best represented by our firm or one of the many specialty firm to which we refer business. We also provide a fee estimate.

What information do you need in a free phone consultation?
Most of our consumer clients come to us for advice on getting out of credit card debt, reducing their mortgage payments, avoiding foreclosure or simply how to prioritize their payments. Therefore, we encourage any potential client with credit card or mortgage payment problems to immediately begin preparing a list of all of their outstanding debts together with information on the currently outstanding balances and the applicable interest rate.

What differentiates you from other lawyers in your community?
Having spent much of my career in New York City regulating banks and other financial institutions and representing them in a variety of contexts in New York and Washington, D.C., I find it deeply rewarding to help consumers understand how banks make money and how to get the most out of their relationship with these important, useful but often intimidating institutions.

What is the most rewarding aspect of your job?
Thats easy: helping others.

What are your other interests in addition to law?
I am an avid runner, skier, tennis player and Dad. I am also on the Vestry, or otherwise actively involved with, several churches along the Connecticut Shoreline. I am also an aspiring, but so far highly unsuccessful, Karaoke singer. (At least according to my wife and kids and virtually anyone else that has had the misfortune to hear me sing)

Position Organization Location Duration
Associate General CounselBond Market AssociationSeptember 2000-July 2006
Associate AttorneyWhite & CaseSeptember 1990-March 1994
PartnerPatton Boggs, LLPNovember 2007-August 2012
Executive Director & Co-FounderASIFMAMay 2006-March 2007
Managing PartnerLindh Foster, LLCMarch 2013-Present
Executive DirectorLaw & International Finance ProgramJanuary 2009-May 2009
CounselFederal Reserve Bank of New YorkJanuary 1995-September 2000
Managing Director, Associate General CounselSIFMA2006-2007
School Degree Major Graduation
University of Virginia School of LawJ.D. Law School1990  
Colorado CollegeB.A.Political Science, History1985
London School of EconomicsVisiting ScholarInternational Economics05/1984
State / Court Date
New York1991
Connecticut1990
  • Member, Connecticut State Bar Association

    Member, New York State Bar Association

  • Spotlight on Federal Home Loan Bank Membership, Thomson Reuters (2011)

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We are primarily a consumer focused firm representing borrowers facing collection efforts and litigation arising from identity theft or defaulted credit cards and mortgages and those considering bankruptcy. We also represent small businesses in formation and governance issues and negotiating leases, acquisitions and commercial loans.

Service Type: Private

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Eric L Foster
48 Main Street
Unit B
Old Saybrook, CT 06475
41.2962743,-72.3765594

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48 Main Street
Unit B
Old Saybrook, CT 06475


Other Locations:
  • 48 Main Street
    Old Saybrook, CT 06371
    Phone: (203) 533-4321

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