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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. Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors?

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Further Limits on Debt Collection For Medical Debt in New York

FFGN COLLECT NY

In 2021, the allowable legal rate of interest that could be imputed on a consumer debt and added to a potential judgment against a consumer debtor was reduced from 9% to 2%. The newly passed New York State bills S6522A and A7363A add to existing measures enacted over the past two years.

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Debt Collection of Medical Judgments in New York to Become Further Limited By S6522A

FFGN COLLECT NY

And, if signed into law by Governor Kathy Hochul, the bill would substantially limit the ability of medical providers to enforce judgments obtained against New York debtors and further limit debt collection of medical judgments in NY. The idea is to bring the judgment debtor to the table to have the debt voluntarily repaid, if possible.

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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information. Did you know that.

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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. In some states, they may try to garnish your wages. This act restricts debt collectors from overstepping and harassing debtors. Pmab llc charlotte nc. Pmab services.

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Trends In FDCPA Litigation Filed Against HOA Attorneys

FDCPA Defense

2012) (intent of debtor at time of purchase controls). Must a communication ( e.g., a letter, pleading, or phone call) make an express demand for payment of money on a debtor in order to constitute “debt collection” under the FDCPA? Cheatham Farms Master HOA , 2018 WL 4297480 (C.D. Alexander, et al 698 F.3d 3d 290 (6th Cir. NA , 840 F.3d