SACRAMENTO, Calif. (KTXL) — Governor Gavin Newsom signed an executive order Thursday keeping debt collectors from garnishing any stimulus check money in California. “It’s also retroactive. So, if you’re a debt collector and you did garnish those contributions, those checks, … Continue reading →
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Photo: Getty With the massive amount of layoffs occurring during the present pandemic — the Federal Reserve estimates unemployment could reach 32% nationwide — debt collectors are going to need to make hard choices over the next few months. Our … Continue reading →
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A project that will lead to the construction of a Navy Federal Credit Union office at the Satterfield Marketplace on Ga. Highway 85 North in Fayetteville was approved April 28 by the Fayetteville Planning and Zoning Commission. The 3,433 … Continue reading →
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Share us on: By Chris Villani Law360 (April 21, 2020, 1:46 PM EDT) — A credit industry trade group has filed suit against Massachusetts Attorney General Maura Healey challenging her emergency regulation banning most types of debt collection during the … Continue reading →
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Bobby Peterson, executive director of ABC for Health, a nonprofit public-interest law firm in Madison, says hospitals should do more to help indebted patients navigate their payment options. “Hospitals are supposed to go through their financial assistance procedures to make … Continue reading →
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Many student loan borrowers are struggling with their debt during the Coronavirus crisis. Getty As the Coronavirus pandemic and the associated economic fallout continues to impact millions of Americans, elected officials are scrambling to protect people from financial harm. Congress … Continue reading →
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Gov. Tony Evers, on Monday, ordered the Wisconsin Department of Financial Institutions (DFI) to issue emergency guidance to prohibit debt collectors from using certain practices while doing business in Wisconsin. DFI oversees the Wisconsin Consumer Act, a law that governs consumer credit … Continue reading →
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Credit Reporting Agencies are resisting pressure to pause credit score downgrades for millions of Americans forced into unemployment by the government’s response to the coronavirus pandemic Consumer groups and some lawmakers have warned that unless the agencies agree to a … Continue reading →
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Although the IRS suspended collection activities on new cases of hard-to-settle unpaid tax liabilities during the novel coronavirus pandemic, taxpayers already targeted by the agency’s private debt collection agencies may not get a break, a taxpayer rights advocate said Friday. … Continue reading →
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Associated Press The late-March spike in unemployment stands to drive more than $1.1 trillion in debt delinquency across credit card, mortgage, and auto loans, UBS strategists said Monday. The bank’s consumer credit health gauge hit its worst reading since late … Continue reading →
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