Consumer Credit Debt collector Education Garnishment 
The Kaplan Group
OCTOBER 19, 2020
If you have always prided yourself on being debt free, or good with money, you might be tempted to simply pull the covers of your head and ignore your current situation. Instead, I suggest you do what you can to educate yourself about your options. FDCPA ( Fair Debt Collection Practices Act). Credit Counselor.
Credit Corp
MAY 30, 2023
This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid. 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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Credit Corp
JUNE 3, 2020
Common methods include wage garnishment , property attachments and property liens. This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Nonwage garnishment. These laws vary.
Troutman Sanders
NOVEMBER 13, 2023
On November 9, the Department of Education (DOE) announced its plan to implement an oversight strategy of federal student loan servicers that provides several pathways for identifying problems that can harm borrowers, in real-time. For more information, click here.
Troutman Sanders
NOVEMBER 8, 2022
Department of Education released final regulations that streamline and improve the rules for major targeted debt relief programs. House of Representatives, seeking to protect a greater portion of consumers’ disposable income from garnishment. For more information, click here. On October 31, the U.S.
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. Chris Van Hollen, D-Md., Jeff Merkley, D-Ore.,
Troutman Sanders
AUGUST 31, 2020
Pritzker extended Executive Order 2020-25, which includes limits on garnishments and wage deductions. The no-action memo concerns the requirement that any Connecticut licensable activity by a Consumer Credit Licensee be conducted from a licensed branch office location so long as certain criteria are met.
Expert insights. Personalized for you.
59 
Let's personalize your content