This model law, the Model Consumer Debt Collection Reform Act, is intended to protect consumers from the most common abuses in the credit and collections industries, restoring balance to an increasingly lopsided system of justice. It is intended to ensure that consumers receive basic protections as creditors pursue collection lawsuits against them. The…
This model legislation provides sample language for state laws to prevent debt collectors from seizing a family’s essential income and property to pay old debts. These laws are generally referred to as exemption laws, as they exempt certain income and assets from seizure after a creditor obtains a court judgment to collect a debt. This…
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Home Equity “Investment” (HEI) Loans are a relatively new financial product secured by a homeowner’s primary residence. At heart, they are very expensive mortgages with confusing and overly complicated terms. HEI lenders try to evade consumer protections by falsely claiming that their product is not a loan. Courts and lawmakers who have looked at HEI…
Coerced debt occurs when an abuser utilizes coercive control or identity theft to incur debt in the name of an individual.
This guide is a resource for anyone interested in promoting resident purchase opportunities through state policy.
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This is an outline of a Model Law for Mortgage Servicer Duty of Good Faith.
Non Judicial Foreclosure State
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Judicial Foreclosure State
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Foreclosure report by state.
Recently some states have begun to consider legislation enabling the use of electronic repossession–from devices to track or immobilize financed and leased cars to payment “warning” sounds to harass owners. These principles, applicable to state or federal policymakers addressing aspects of electronic repossession, provide the robust protections necessary for consumers and also address public safety and privacy concerns.
Read More about Principles for Laws Permitting Electronic Repossession of Vehicles
The Model Medical Debt Protection Act, now in its third edition, is a tool for advocates who are working to protect consumers who are burdened with medical debt in their states. The model act provides suggested language to improve state health care financial assistance laws, and to strengthen medical debt collection consumer protections.
