Troutman Sanders

DECEMBER 5, 2022

Notably, Romero advocated for a two-tiered approach to reducing consumer harm in the crypto markets: Redefining the definition of a “retail investor” to include two categories of retail customers: (1) household retail; and (2) professional and high net worth individuals. Kathy Hochul signed S.6522A/A.7363A

Financial services 52

Financial services Credit Card Debt Retail Banks 52

Debt RR

DECEMBER 13, 2019

There are 35 major bankruptcies in 2019 so far, and over two-thirds happened in retail. Ignoring a process server can cause the court to garnish wages , place a lien against any property, and freeze any accounts. Adding to the problem is a weak economy heading into 2020. Consumers aren’t faring any better – American consumers have $13.86

Debt collector 42

Debt collector Debtor Bankruptcy Creditors 42

Troutman Sanders

MARCH 11, 2024

The bill amends current state law that establishes what portions of a consumer’s financial assets can be garnished to satisfy a judgment. James released the list at the start of Nation Consumer Protection Week and included with the list several tips to help consumers avoid falling victim to common scams.

Financial services 52

Financial services Garnishment Lender Banks 52

Troutman Sanders

JULY 26, 2021

According to Attorney General Healey’s press release, this guidance states that “these direct payments are exempt from seizure or garnishment under Massachusetts law. Any attempt to garnish or otherwise seize these funds to collect or attempt to collect a debt violates the AG’s Debt Collection Regulations.”

Financial services 52

Financial services Student loans Student Loans Garnishment 52