Tag Archives: New York

The New York Senate yesterday voted to approve a bill that would protect individuals from having liens placed on their primary residences and having their wages garnished to repay medical debts. The New York Assembly had already passed its version of the bill, and consumer advocates yesterday called on Gov. …

The Attorney General of New York last week sent letters to “major” debt collectors operating in her state, making sure that those companies were aware of new regulations that have recently gone into effect, such as Regulation F from the Consumer Financial Protection Bureau and new state-mandated large-print disclosures, while …

A bill has been introduced in the New York legislature that would ban debt collectors from attempting to collect debts using social media platforms, which would directly contradict what is allowed under the provisions of the Consumer Financial Protection Bureau’s Regulation F. Details about the bill — A08622 — which …

The largest newspaper in Buffalo is calling on the state legislature in New York to enact a statewide licensing law, after the Attorney General took action against an allegedly unscrupulous debt collector last month. The Buffalo News published an editorial calling on the state to revisit debt collection licensing when …

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 …

A bill has been introduced in the New York legislature that would place a tax on the data collected and used by business for commercial purposes, although the threshold for being subject to the tax appears to be very high. The bill, S4959, was introduced earlier this week by state …

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, …

A group of eight state attorneys general filed suit yesterday in federal court in New York to block a rule that was issued by the Office of the Comptroller of the Currency that aimed to close a gap in the process of banks selling loans to third parties, such as …