New York Attorney General Letitia James Announced Plans to Keep Stimulus Checks Out of the Hands of Debt Collectors

By: Robert J. Nahoum When the federal government passed the Coronavirus Aid, Relief, and Economic Security (“CARES Actâ€) including stimulus checks of up to $1,200 per adult and $500 per child, it failed to protect that money from the reach of debt collectors.  Those of us in the consumer protection community immediately recognized the threat to working people and began […]

New Relief for New York Student Loan Borrowers in the Corona-Economy

By: Robert J. Nahoum THE PROBLEM In response to the Corona-Economy, the federal and state governments have taken extraordinary measures to help, for the time being, working people stem the tide of economic devastation.  One of the early areas of intervention was with regard to Federal Student Loans.  Congress passed the $2 Trillion relief bill called the “Coronavirus Aid, Relief, […]

NCLC Resource – Protecting Against Creditor Seizure of Stimulus Checks

The consumer heroes at the National Consumer Law Center have issued the following resource to help consumer protect their corona stimulus checks from levy and seizure by heartless and unscrupulous debt collectors: “The CARES Act authorizes payments up to $1200 to individuals and $2400 for couples, with an additional $500 for children under 17 years old. The payments phase out […]