Tag Archives: COVID-19

Like Summer follows Spring and Fall follows Summer, so too does another round of reminders to debt collectors that stimulus funds are protected from garnishment follow the latest round of stimulus payments now being sent to individuals across the country in the form of the child tax credit. The child …

A lot of individuals who were impacted by the COVID-19 pandemic in one form or another are now facing another serious situation — increased amounts of unpaid medical debts — according to the results of a survey conducted by The Commonwealth Fund. The survey identified three different outcomes for those …

While fewer people expect they will be unable to pay at least one current bill or loan in the future, more of those who are not able to do so are not sure how they are going to come up with the money, according to data released recently by TransUnion. …

The Massachusetts Division of Banks — which regulates debt collectors in the Commonwealth — has formally authorized guidance that will allow for the “continued operation for personnel to operate remotely from non-licensed locations,” meaning that companies can have employees working remotely, including from their homes. The guidance was originally put …

A pair of bills have been introduced in Washington, D.C., that seek to implement temporary restrictions on how debts are collected in the District now that it is ending the pandemic emergency declaration that was enacted last year. The bills were authored by Phil Mendelson, the chairman of the D.C. …

The Consumer Financial Protection Bureau yesterday announced the release of a final rule, which will go into effect on August 31 and aims to ensure an “orderly transition” back to a normal housing market by providing protections to homeowners to prevent a flood of foreclosures now that many forbearance programs …

Even though the COVID-19 pandemic may be close to ending, that does not mean that consumer protections put into place during the pandemic are on the way out, too. In this case, protections put in place to keep renters and homeowners in their residences and not face evictions or foreclosures …

A month before the federal Child Tax Credit payments start landing in the bank accounts of individuals across the country, the Attorney General of California issued a warning to financial institutions, creditors, and debt collectors that it is illegal to seize those funds to pay individual debts under a state …

A District Court judge in Tennessee has denied a plaintiff’s motion for a temporary injunction seeking to block the enactment of an interim final rule saying that collectors may face prosecution under the Fair Debt Collection Practices Act for not providing written notices to individuals being evicted, determining that the …

The Centers for Disease Control & Prevention’s moratorium on evictions in the wake of the COVID-19 pandemic took another turn yesterday, with a District Court judge in the District of Columbia ruling that the agency overstepped its bounds by saying that individuals could not be evicted during the pandemic. The …