Tag Archives: Kathy Hochul

The Governor of New York yesterday announced a number of healthcare-related proposes during her State of the State address, including a plan to include medical debt in the state’s Consumer Credit Fairness Act. Including medical debt in the Consumer Credit Fairness Act would lower the statute of limitations on filing …

Last Wednesday, New York Governor Kathy Hochul signed a bill into law — which went into effect immediately — that prohibits healthcare providers from placing lines on the primary residences of individuals with unpaid medical debts or garnishing wages to collect on unpaid bills. The state legislature in New York …

The governor of New York yesterday signed a bill into law that will eliminate a 22% collection fee on student loans owed to the state. The fee was added when unpaid student loan debts were referred to the Office of the Attorney General’s Civil Recoveries Bureau. Debts were referred there …

The Governor of New York has signed a bill into law that prohibits colleges and universities from withholding transcripts from individuals who owe the schools money, a practice that has been described as “transcript ransoming.” S.5924C/A.6938 goes into effect 30 days after it was signed by the governor. Nationwide, nearly …

The Governor of New York last week signed a bill into law that will lower the interest rate that can be charged on unpaid money judgments to 2%. The law not only applies to new judgments, but also will be applied retroactively to any judgment that is not fully paid …

On the same day that she signed a series of new bills — including one targeting debt collection — New York Gov. Kathy Hochul also signed two other new bills into law that target robocalls and enact measures that will likely see more calls being automatically blocked by phone carriers. …

CORRECTION: This article has been updated to reflect that only parts of the law went into effect immediately. Only the section including the name of the law actually went into effect immediately. The new statute of limitations provisions will go into effect 150 days after the bill was signed into …

A new law is scheduled to go into effect in New York next month that will require collectors to provide an additional disclosure on initial letters sent to consumers, letting consumers know that the letter can be requested in an alternative format, such as large print, braille, or audio compact …

New York Gov. Kathy Hochul yesterday nominated Adrienne Harris, a former economic advisor to President Obama, to be the next Superintendent of the state’s Department of Financial Services. Harris, if confirmed, will replaced Linda Lacewell, who resigned last month in the wake of the scandal that brought down Gov. Andrew …