Accounts Receivables Management Financial services Garnishment 
Collection Industry News
AUGUST 4, 2020
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.,
Better Credit Blog
APRIL 1, 2022
They recently acquired Alltran Financial Services in 2020. 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.
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Collection Industry News
JULY 20, 2020
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.
Troutman Sanders
JULY 7, 2021
On June 30, Maine Governor Janet Mills declined to veto a new law that expands consumer protections against garnishments. On June 26, Minnesota Governor Tim Walz signed into law a bill that expands the regulation of the accounts receivable management industry to include debt buyers and affiliated companies.
Troutman Sanders
APRIL 19, 2021
Senator Ted Cruz introduced the Financial Institution Customer Protection Act of 2021, which seeks to prohibit financial institutions from denying services to law-abiding businesses, such as companies in the accounts receivable management industry. For more information, click here.
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