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Senators Propose COVID-19 Medical Debt Collection Relief Act

Collection Industry News

Democrat senators on Tuesday proposed legislation to prevent health care providers from actions such as wage garnishment in connection with medical debts. wage garnishment, bank account seizure) during the covered period (i.e. The COVID-19 Medical Debt Collection Relief Act , sponsored by U.S. Chris Van Hollen, D-Md.,

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

With over 50 years of experience and a recovery record of about $6 billion in accounts receivable management for 60,000+ clients in the last decade, discovering Transworld Systems Collection on your credit report is never a welcomed situation. Making arrest and legal threats such as wage garnishment or property seizure.

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DEBT COLLECTION INDUSTRY DEEMS ITSELF ESSENTIAL TO “FINANCIAL HEALTH” OF CONSUMERS, FIGHTS COVID-19 SHUTDOWN

Collection Industry News

Sherrod Brown, D-Ohio, has sponsored legislation that prevents debt collectors from engaging in a variety of practices, such as disconnecting utility services or garnishing wages, until 120 days after a major disaster or emergency such as the current coronavirus crisis. All of this has the industry deeply concerned.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On June 30, Maine Governor Janet Mills declined to veto a new law that expands consumer protections against garnishments.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge.