Archive for Massachusetts

Massachusetts Legislature Mulls Harmful Consumer Debt Collection Bill

Proposed legislation to enact Massachusetts’ Family Financial Protection Act (S. 146 – H. 804)  was considered during a hearing before the Joint Financial Services Committee on Oct. 27. The legislation, in part, defines active and passive debt buyers as “debt collectors.” It also places limits on garnishable wages, establishes a three-year statute of limitations, prohibits revival upon payment, and places

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