Lead Author: Wieckowski
Summary: Aggressive collection practices can wipe out families and send them into poverty instead of moving debt collection toward resolution. Allowing debt collectors to empty entire bank accounts is harmful and dangerous. SB616 forces debt collectors to leave the final $1,724 — the minimum amount a family of four needs to survive a month — in a debtor’s bank account, leaving them breathing room to work out repayment terms. This bill passed and was signed into law.