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Arizona Court of Appeals Affirms Constitutionality of Predatory Debt Collection Act

Account Recovery

The Arizona Court of Appeals this week upheld the state’s controversial Predatory Debt Collection Act, rebuffing an industry challenge led by the Arizona Creditors Bar Association. The decision ensures the law, which includes measures to shield individuals from medical debt garnishments and cap interest rates, remains in effect.

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Can a NY Judgment Creditor Garnish PPP or Other CARES Act Funds?

FFGN COLLECT NY

With both consumers and small businesses receiving funds from the Paycheck Protection Program (PPP) and CARES Act, questions have come up as to whether these amounts can be frozen or garnished by debt collectors or creditors. Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors?

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Further Limits on Debt Collection For Medical Debt in New York

FFGN COLLECT NY

The state also recently imposed new requirements for supporting and additional documentation for creditors filing suit for consumer claims. As of now, creditors holding judgments obtained for consumer debts are still able to restrain an individual’s bank account, assuming the amount in the account exceeds the exempt amount.

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Debt Collection of Medical Judgments in New York to Become Further Limited By S6522A

FFGN COLLECT NY

Aside from judgments from family court, New York currently allows all judgment creditors the same opportunities to enforce their judgments. The nature of the debt alleged in the underlying action and the industry or profession of the judgment creditor has never been relevant to the ability and enforcement of a money judgment.

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How To Remove Northland Group From Your Credit Report

Better Credit Blog

Healthcare. After a debt has gone unpaid for a month or longer, your service provider or creditor may sell it to a debt buyer. They might even threaten to garnish your wages, depending on where you live. Today Northland has merged with Radius Global Solutions LLC , so you could see that name on your credit report as well.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

3841, a bill that protects the stimulus funds under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) from being garnished by judgement creditors and debt collectors, similar to how Social Security payments are exempt from being garnished. On July 23, 2020, the Senate unanimously passed S.

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A giant US hospital chain says it’s leading the fight against medical debt. Not all patients agree

Collection Industry News

Advocate Health, one of Americas largest hospital chains, says it is working hard to confront one of the biggest problems in US healthcare today promoting itselfas a leader in the effort to solve the nations medical debt crisis. Under North Carolina law, a debt judgment is issued by the court when a creditor successfully sues a debtor.