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Suit Accuses Collector of Making Calls After Asking for Texts or Emails Only Arizona Court of Appeals Affirms Constitutionality of Predatory Debt Collection Act Connecticut Legislature Passes Medical Debt Credit Reporting Bill Student Loan Debt Cancellation to Cost Taxpayers as Much as $1.
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.
The Connecticut legislature yesterday passed Senate Bill 395, which prohibits healthcare providers from reporting medical debt to credit agencies. The bill, which had already passed in the Senate and now awaits the governor’s signature, will take effect on July 1, if signed by Gov. Ned Lamont.
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The Biden administration’s plan to cancel student debt has come under scrutiny due to its potentially staggering cost to taxpayers. The cumulative cost of recent student loan cancellation policies is estimated to range from $870 billion to $1.
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