DEBT DEFERRAL PROGRAM IN NORTH CAROLINA NOT EXTENDED
- It appears as though a debt deferral program that has been in place in North Carolina for the past two months expired on May 27 and was not renewed by the state’s Department of Insurance, thereby ending the program.
JUDGE GRANTS MTD IN FDCPA ‘CURRENT BALANCE’ CASE
- A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act by referencing the “current balance” in a collection letter.
DEBT COLLECTION BILL IN MASSACHUSETTS MOVING FORWARD
- Legislation in the Massachusetts legislature is progressing which would shorten the statute of limitations by two years, halve the post-judgment interest rate, and exempt more individuals from having their assets garnished, according to a lengthy published report.
TEXAS HOSPITAL CITED FOR FILING LAWSUITS DEFENDS ITS COLLECTION PRACTICES
- A Texas hospital cited in a report for filing the second-most debt collection lawsuits during the past two years in the Lone Star State is standing up and defending its actions, saying that lawsuits are always a “last resort” to try and collect on an unpaid debt.
WORTH NOTING: A virtual marathon might be the only kind of marathon I have a shot at finishing … You have to wonder how someone can spend $44 million and then you read on and realize it probably went up his nose … What does it say about me that I read this and just kept thinking how easy it would have been to cheat … It pays to be a CEO these days … One in four workers in the United States have filed for unemployment benefits in the past two months … The window to use those PPP funds is starting to close … It looks like Major League Baseball has a lot to do before it comes back … How to be an ally during times of tragedy.
What you need to know before you go out to eat
Funny Friday
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