article thumbnail

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. Garnishing Economic Impact Payments. Garnishing PPP Proceeds.

article thumbnail

Senators Urge Biden Admistration To Protect Patients From Medical Debt Collections

Collection Industry News

“The COVID-19 pandemic highlighted the many cracks that remain in our healthcare system into which people fall, sometimes plummet, regarding debt incurred for their healthcare,” the senators wrote to Dave Uejio, acting director of the CFPB, on Friday.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Remove PMAB LLC From Your Credit Report

Better Credit Blog

The company is the collections division of Med A/Rx, specializing in accounts receivable management and collections in the healthcare industry. When your bills go unpaid for a few months, they may be turned over to a debt collections agency like PMAB LLC. In some states, they may try to garnish your wages.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On July 29, 2020, Senators Chris Van Hollen and Chris Murphy introduced the COVID-19 Medical Debt Collection Relief Act, S.4350, This bill would prevent healthcare providers from taking “extraordinary” collection actions for up to 18 months after the bill becomes law as a means of protecting consumers during the coronavirus pandemic.

article thumbnail

How To Remove Northland Group From Your Credit Report

Better Credit Blog

It could only take one missed payment on your car loan, credit card, or phone bill to harm your credit score and wind up on a debt collector like Northland Group’s list. Fortunately, an entry from a debt collector is one of the most easily reversible marks, as long as you know how to confront them. Healthcare.

article thumbnail

Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies who deal in healthcare collections are governed by the Health Insurance Portability and Accountability Act and its “privacy rule” for Protected Health Information (PHI). Debt collectors are not legally permitted to call your residence outside the hours of 8AM and 9PM local. #4: Did you know that.

article thumbnail

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.