Credit Corp

DECEMBER 14, 2020

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old. Can a debt collector collect after 10 years? Privacy Policy.

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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. Property liens.

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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. Property liens.

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Troutman Sanders

AUGUST 9, 2021

Privacy and Cybersecurity Activities. On August 5, the Department of Education announced that it is extending the moratorium on federal student loan payments through January 31, 2022. s emergency debt collection bill. State Activities. For more information, click here. For more information, click here.

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Troutman Sanders

MARCH 22, 2021

Privacy and Cybersecurity Activities. Department of Education announced that about 72,000 student loan borrowers, who were defrauded by their schools, will receive student loan forgiveness that could total $1 billion. State Activities. Federal Activities: On March 18, the U.S. For more information, click here.

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Troutman Sanders

JULY 26, 2021

Privacy and Cybersecurity Activities. Yellen sent a letter to congressional leadership, stating that, as of August 1, 2021, the outstanding debt of the United States will be at the statutory limit. The guidance resulted from concerns that debt collectors would seize the funds. State Activities. to 5 p.m.

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Troutman Sanders

AUGUST 31, 2020

Privacy and Cybersecurity Activities. Federal Activities: During the week of August 24, 2020, the Consumer Financial Protection Bureau (CFPB) updated pages relating to student loans and its guidance on protecting credit during COVID-19. Researchers sought to create a system of tracking that would be more privacy-preserving.

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