Troutman Sanders

MARCH 1, 2021

355 , which is intended to prevent health care providers and their agents from taking “extraordinary collection actions” relating to the collection of debts incurred from the “receipt of medical services, products, or devices.”. On February 22, Senator Chris Van Hollen (D-MD) introduced Senate Bill S.

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Debt Free Colorado

JUNE 18, 2024

Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. Wage garnishment is a legal procedure where a creditor obtains a court order to withhold part of your earnings from your paycheck to repay a debt. This stops creditor harassment and wage garnishment for most debts. What is Wage Garnishment?

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The Kaplan Group

OCTOBER 19, 2020

FDCPA ( Fair Debt Collection Practices Act). The Fair Debt Collection Practices Act (FDCPA) is a federal law that restricts the behavior of collection agencies when they are attempting to collect money from individuals. The law does not apply to collecting from businesses. Interest and Collection Costs.

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Collection Industry News

MARCH 17, 2024

On Tuesday, January 9, New York Governor Kathy Hochul delivered the 2024 State of the State address, discussing certain changes that will affect debt collection within the state. Hochul made it clear that the state will assist consumers in New York by adding greater consumer protections—a plan that will affect creditors and debtors alike.

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Credit Corp

MAY 30, 2023

This is known as wage garnishment. The Consumer Credit Protection Act caps these types of garnishments. Nonwage garnishment. If you’re retired, unemployed, or self-employed, your bank account may be garnished instead. Some states add even more restrictions to the garnishment of bank funds.

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Collection Industry News

MARCH 2, 2021

Democratic senators have reintroduced legislation to prevent health care providers from actions such as wage garnishment in connection with medical debts. It is among several proposals on medical debt collections introduced at the state and federal level this year. The COVID-19 Medical Debt Collection Relief Act , sponsored by U.S.

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Better Credit Blog

MAY 12, 2022

And, after ordering you to repay the money, a judge could approve wage garnishment which means the court would take part of your paycheck and give it to the creditor before you even see the money! Just like with consumer credit, debt from a civil judgment must be validated under the Fair Credit Reporting Act.

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Troutman Sanders

MARCH 11, 2024

District Court for the Western District of Texas, also stipulated that the DOE would destroy any information already collected and will follow notice-and-comment procedures for future data collection. toward the plaintiff’s litigation expenses and will publish a new Federal Register notice for proposed information collection.

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Debt Free Colorado

NOVEMBER 13, 2017

Deceives consumers about its fees : Freedom falsely claims that it charges consumers only when it negotiates a settlement of a debt and consumers make a payment under the terms of the settlement. Plans may negatively affect your credit score and ability to obtain credit.

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Troutman Sanders

NOVEMBER 13, 2023

One revision now requires hospitals to complete a screening process to determine whether a particular patient is eligible for charity care before taking certain action, such as enrolling the patient in a payment plan or referring the account to in-house or third-party collections, on the patient’s account. For more information, click here.

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Troutman Sanders

NOVEMBER 2, 2020

State Activities: On October 30, Virginia Governor Ralph Northam signed House Bill 568, which automatically exempts emergency relief payments, as defined in the bill, from the creditor process, including garnishments and liens. For more information, click here. For more information, click here.

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Troutman Sanders

APRIL 18, 2022

Federal Activities: On April 14, the Consumer Financial Protection Bureau (CFPB or Bureau) published a report titled, “ Student Loan Borrowers Potentially At-Risk when Payment Suspension Ends.” Delinquencies on other credit products since the start of the pandemic. New third-party collections during the pandemic.

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Troutman Sanders

NOVEMBER 24, 2020

Among those directives, the service of a garnishment summons, wage deduction summons, or a citation to discover assets on a consumer debtor or consumer garnishee are suspended through December 12. Pritzker issued Executive Order 2020-71, which reinstituted 30 previous executive orders. For more information, click here.

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Katabat

MARCH 30, 2021

And when they do, there could be millions of families unable to resume paying mortgages, car payments, credit cards, student loans, who could be at risk of losing their homes, their cars, having their wages and bank accounts garnished, who will struggle to put food on the table and take care of their families.”. * * *.

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Troutman Sanders

NOVEMBER 8, 2022

The FTC’s proposed order requires the company to bolster its data security, limit the data the company can collect and retain, offer users multifactor authentication to secure their accounts, and allow users to access and delete their data. This included the personal information of thousands of consumers on Pennsylvania’s Do Not Call List.

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Collection Industry News

JUNE 28, 2021

Senate Democrats are calling on federal authorities to take action on aggressive medical debt collection, citing reports about hospitals suing patients over unpaid bills. In a letter to the the Consumer Financial Proection Bureau (CFPB), Democratic Sens. Chris Murphy (Conn.) and Chris Van Hollen (Md.) Chris Murphy (Conn.)

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Collection Industry News

JANUARY 13, 2025

The non-profit hospital system says it has revamped its billing and collection practices and boosted the number of patients who qualify for charity care. But for many patients, the hospital groups moves fall short of taking full responsibility for the years of real-world hardships its billing and collection practices have caused.

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Troutman Sanders

MARCH 15, 2021

House of Representatives that seeks to amend the Fair Credit Reporting Act to exclude COVID-19-related evictions from consumers’ credit reports. Pritzker issued an executive order extending the suspension of garnishment, deduction of wages, and post-judgment citations to discover assets through April 3.

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Troutman Sanders

AUGUST 31, 2020

State Activities: On August 26, 2020, the New York City Department of Consumer Affairs (DCA) issued new debt collection rules related to limited English proficiency servicing, which took effect June 27, 2020. Pritzker extended Executive Order 2020-25, which includes limits on garnishments and wage deductions.

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