Collection Industry News

MAY 15, 2025

Debt collectors working for the schemes operators and their affiliated companies have sent consumers deceptive warning and collection letters or called them directly, claiming that consumers owed a debt of some kind and threatening legal action, wage garnishment, negative impacts to consumers credit, and even arrest if they dont pay.

Consumer Credit 40

Consumer Credit Garnishment Law Firms Collections 40

Credit Corp

JUNE 3, 2020

Common methods include wage garnishment , property attachments and property liens. 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.

Judgment 98

Judgment Garnishment Creditors Law Firms 98

The Kaplan Group

OCTOBER 19, 2020

Instead, I suggest you do what you can to educate yourself about your options. Credit Counselor. A credit counselor is certified and trained in consumer credit, money and debt management, and budgeting. Garnishment. Garnishments generally require a court order. Statute of Limitations.

Credit Counselor 59

Credit Counselor Garnishment Debt settlement Fair Debt Collection 59

FFGN COLLECT NY

JANUARY 6, 2023

Decreasing the legal rate of interest on consumer claims from 9% to 2%. Putting an end to the use of wage garnishments (income executions) in New York to collect medical judgments. Initially, the law first prohibited withholding transcripts for SUNY and CUNY students but expanded to include all higher education institutions.

Collections 52

Collections Judgment Garnishment Financial services 52

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.

Judgment 75

Judgment Garnishment Creditors Law Firms 75

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. wage garnishment, bank account seizure) during the covered period (i.e. wage garnishment, bank account seizure) during the covered period (i.e. Chris Van Hollen, D-Md.,

Garnishment 40

Garnishment Debt collector Government Collections 40

Debt Free Colorado

NOVEMBER 13, 2017

” The Consumer Protection Section, Consumer Credit Unit of the State Of Colorado Department of Law published an “Information for Consumers” handout which explains the following with respect to debt management in Colorado: You may be able to negotiate a favorable settlement yourself, without paying fees to debt.

Debt settlement 40

Debt settlement Creditors Debt Management Debt Consolidation 40