Source: Collection Advisor Blog

Collection Advisor Blog House Stimulus Bill Would Bar Debt Collection

Reported by Kelly Phillips ErbSenior Contributor Taxes at Forbes The Senate version of the bill was 247 pages long. But the House Democrats’ version? It's 1,404 pages long. Not a typo. 1,404 pages long. The House version has been dubbed the "Take Responsibility for Workers and Families Act." Here are some of the highlights: Debt Collection. Debt collectors would be barred from taking action, including suing in court, against consumers, small businesses, or non-profits for some time after the pandemic ends. Student loans. Like the Senate bill, the House bill would also provide relief for student borrowers, including those with private loans.  For the rest of the story, click here

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