debtcollectors
After the IRS started sending out the third stimulus check of up to $1,400, many were worried that debt collectors might garnish their payment. Gov. Andrew Cuomo has now put those worries to rest at least for New Yorkers, by officially protecting the coronavirus stimulus checks from debt collectors. Q1 2021 hedge fund letters, conferences and more Coronavirus stimulus checks: protection from debt collectorsOn Thursday, Cuomo signed legislation that blocks debt collectors from garnishing any money sent by the $1.9 trillion American Rescue Plan. The American Rescue Plan did not specifically prot...
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Washington Post: ‘Paycheck Protection Program money went to firms that have drawn sanctions and received hundreds of consumer complaints’ Q3 2020 hedge fund letters, conferences and more Debt Collectors And Payday Lenders Collected Over $580M In PPP LoansWASHINGTON, D.C. — The Washington Post is reporting that over 1,800 taxpayer-backed Paycheck Protection Program (PPP) loans went to debt collectors and high-interest payday lenders — totaling more than $580 million. According to the analysis, “more than 170 of those recipients have been the subject of a multitude of complaints — each racking u...
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