A virtual hearing is being held this morning, and comments are due later this afternoon to the New Mexico Office of Superintendent of Insurance to implement a new law that went into effect this year governing how medical debt is being collected. Consumer advocates are doing their part to get …
Read More »Local Governments Scrambling to Protect Residents as Moratoriums End; N.M. Announces Phased Restart to Garnishments
Local governments began scrambling yesterday to try and implement protections for consumers who might be facing eviction or foreclosure as moratoriums that were put into place at the start of the COVID-19 pandemic are now expiring. The protections that are being put into place in some areas are affecting collectors …
Read More »Senators Ask CFPB to ‘Address’ Medical Debt Collection
A group of Senate Democrats are calling on the Consumer Financial Protection Bureau to prohibit reporting medical debt collection tradelines to credit bureaus, further limiting the number of communication attempts beyond what is included in Regulation F, and know whether a consumer is appealing the denial of coverage with his …
Read More »N.M. Gov. Signs Medical Debt Collection Bill Into Law
Gov. Michelle Lujan Grisham of New Mexico signed 50 bills into law yesterday, including one that aims to protect low-income residents of the state from incurring medical debts by preventing healthcare providers from placing collection accounts or filing lawsuits against certain low-income individuals, according to a published report. The …
Read More »Debate Over N.M. Medical Debt Collection Bill Leads to F-Bomb, Vow of Filibuster on State Senate Floor
A verbal altercation broke out on the New Mexico Senate floor yesterday, leading one Senator in favor of a bill aimed at preventing healthcare providers from placing collection accounts or filing lawsuits against certain low-income individuals to drop an F-bomb toward one of his compatriots who is opposing the bill …
Read More »State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation
A group of 17 state Attorneys General have written a letter to Congress endorsing a plan that would cancel $50,000 of student loan debt for all federal student loan borrowers. The letter, written by the AGs of Massachusetts, New York, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maryland, Minnesota, …
Read More »New Mexico Legislature Advances Medical Debt Collection Bill
A bill is advancing through the state legislature in New Mexico that would prevent healthcare providers from placing collection accounts or filing lawsuits against individuals who make less than 200% of the federal poverty level while also providing a private right of action should a patient want to sue for …
Read More »New Mexico Expands Online Dispute Resolution Service to Curb Debt Collection Lawsuits
A pilot program aimed at resolving debt collection lawsuits without the parties having to go to court is being expanded in New Mexico. The Online Dispute Resolution service, as of Sept. 1, is not available to all magistrate and district courts in the state. Previously, the service was only available …
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