Tag #Debt Collection

Showing 1 to 12 of 23 results

dailymail.co.uk
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Michigan to Recoup $2.7 Billion in Overpaid Unemployment Benefits

The Michigan Unemployment Insurance Agency (UIA) will begin collecting $2.7 billion in overpaid unemployment benefits from roughly 350,000 claimants, starting September 29th, 2025, following a legal settlement that lifted a collection pause.

Progress

28% Bias Score

No Poverty
cbsnews.com
🌐 85% Global Worthiness
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Bank Account Freezes: A Debt Collection Tactic and How to Respond

A bank account freeze, a debt collection tool, cuts off access to funds without much warning; individuals may only discover a lawsuit when their account is frozen, creating immediate financial hardship; however, legal recourse exists to challenge the freeze.

Progress

36% Bias Score

No Poverty
cbsnews.com
🌐 85% Global Worthiness
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Debt Collectors Illegally 'Re-age' Old Debts, Harming Consumers

Debt collectors illegally "re-age" old debts by manipulating the date of first delinquency to appear newer than they are on credit reports, violating federal law and harming consumers' credit scores.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
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Greece Employs Private Collectors for €49.73 Billion Social Security Debt

As of Q1 2025, €49.73 billion in social security debt is owed to EFKA in Greece, with only €4.9 billion regulated, prompting the involvement of private debt collectors to address the issue.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Federal Government Seizes Wages and Benefits from Nearly 200,000 Defaulted Student Loan Borrowers

The Department of Education is seizing wages and benefits from nearly 200,000 defaulted federal student loan borrowers starting in June, part of a larger effort to collect on 5.3 million defaulted loans, impacting tax refunds, salaries, and benefits, and potentially worsening financial hardship.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Wage Garnishment for Defaulted Student Loans to Resume in 2025

The U.S. Department of Education will restart wage garnishment (up to 15% of disposable income), tax refund seizure, and Social Security benefit reduction for over 5 million borrowers in default on federal student loans, starting May 5, 2025, after a pandemic-related pause.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
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Australian Whistleblower Spared Jail After Exposing ATO's Unethical Practices

Former Australian Taxation Office debt collection officer Richard Boyle was spared jail after exposing unethical debt collection practices in 2017, leading to reforms but also a seven-year legal battle that highlighted flaws in whistleblower protection laws.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
cbsnews.com
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Wage Garnishment Duration and Debt Resolution Strategies

Wage garnishment, a legal process where money is taken from an employee's paycheck to settle a debt, can last for years until the debt is fully repaid, plus interest and fees; however, there are legal limits on the amount that can be garnished and options available to reduce or stop the garnishment.

Progress

36% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Education Department Pauses Social Security Offsets for Defaulted Student Loans

The Department of Education temporarily paused seizing Social Security benefits from roughly 450,000 defaulted federal student loan borrowers over 62, but continues other collection methods, sparking debate over the fairness and efficacy of its approach.

Progress

40% Bias Score

Reduced Inequality
pda.kp.ru
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Russian Debt Collectors Adapt to Higher Court Fees and Explore New Funding

A roundtable in Russia discussed the evolution of debt collection, noting a shift towards more amicable methods and the impact of increased court fees since September 2024, which initially decreased but then increased the value of debt portfolios. Debt collectors are also issuing bonds, offering hig...

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Student Loan Wage Garnishment Resumes After Pandemic Pause

The federal government restarted wage garnishment for defaulted federal student loans on May 5, 2025, impacting millions of borrowers and potentially seizing up to 15% of their wages, tax refunds, or Social Security benefits.

Progress

56% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russia Proposes Ban on Consumer Loan Debt Sales to Third Parties

A proposed Russian law aims to ban the sale of consumer loan debts to third parties, citing high consumer debt levels (55% of citizens, exceeding 26 trillion rubles) and persistent complaints about debt collector harassment, with the law planned to take effect on January 1, 2026.

Progress

60% Bias Score

Reduced Inequality

Showing 1 to 12 of 23 results