Tag Archives: COVID-19

Report Shares Details of Student Loan Restart Proposals

The Department of Education is considering proposals that would give borrowers “new flexibility” like initial grace periods when its moratorium on student loan payments ends on January 31, according to a published report. Individuals with federal student loans have not had to make payments since the COVID-19 pandemic hit the …

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Veterans Affairs Announces End of Collection Moratorium

In yet another sign that things are shifting back toward what they were before the COVID-19 pandemic hit the United States, the Department of Veterans Affairs has announced the end of an 18-month pause in its collection efforts. Starting October 1, veterans with unpaid copays or benefits overpayments must start …

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15M Could Lose Medicaid Coverage When Pandemic Ends: Study

When the federal government declares the COVID-19 public health emergency to finally be over, as many as 15 million individuals could lose their health insurance coverage through Medicaid, according to a new study, which would likely result in a lot more medical debt to be collected for the accounts receivable …

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Renters at Risk as COVID Assistance Plans Expire: CFPB

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Millions of individuals who rent apartments or homes nationwide are at risk of “economic harms” as programs created to help individuals during the COVID-19 pandemic are coming to an end, according to a report issued by the Consumer Financial Protection Bureau, and companies in the accounts receivable management industry might …

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Senate Republican Working to Overturn Latest Eviction Moratorium

The leading Republican on the Senate Banking Committee is trying to get the latest eviction moratorium put in place by the Centers for Disease Control overturned, saying that the move “lacks both a legal and an economic justification.” Sen. Pat Toomey [R-Pa.], the Ranking Member of the Senate Banking Committee, …

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D.C. Council Passes Amended Debt Collection Law

Thanks to ACA International for first reporting that the Washington, D.C. City Council yesterday unanimously passed an updated version of its emergency debt collection bill with a few new amendments, and the bill will go into effect next month when other restrictions put in place at the start of the …

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