Australian Mercantile Collections

Senate agrees to new protections on debt collection

Senate agrees to new protections on debt collection

Sam Doran- State House News Service

BOSTON, Mass. (SHNS)–The Senate on Thursday passed a “compromise” version of legislation affecting debt collection practices in Massachusetts, and according to its sponsor, the bill has a shot at final passage thanks to industry representatives collaborating on the rewrite.

The bill, which would increase the amount of a person’s paycheck that is protected from wage garnishment and impose a five-year statute of…

View the full article to continue reading…