Collections
You have 1 year to clean up your debt collection issues. According to Consumer Reports, a new rule from the Consumer Financial Protection Bureau (CFPB) will allow debt collectors to contact consumers via email, text message, and social media platforms. The ruling would permit collectors to place up to seven debt-collection phone calls per week […]
On Friday, April 17, Governor Andrew Cuomo and Attorney General Letitia James informed the public that a previous suspension of certain debt collections and associated interest and fees initiated for 30 days starting on March 17 had been extended to May 17 because of the SARS-CoV-2 pandemic. They also explained that another extension is possible […]
Many people these days are confused by high dollar medical debt. Why am I saying “confused” instead of using words that people commonly hear like “angry” or “broken”? People have been misled by the healthcare and collection industries. They’ve been taught that their medical debt, and associated damage to their credit scores, are completely normal […]
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