Arizona Gov. Jan Brewer Signs Bill To Help Debt Collectors

[Purveyor]

Phoenix Business Journal by Mike Sunnucks, Senior Reporter
Date: Monday, May 14, 2012, 4:32pm MST

Arizona Gov. Jan Brewer has approved legislation making it easier for debt collectors to go after defaulting consumers and small businesses.

Brewer signed House Bill 2664 into law today. The measure allows collection agencies to use final billing statements as a basis to show amounts owed and interest rates as they seek court judgments and wage garnishments.

The bill was favored by debt collectors, which buy delinquent accounts from banks and credit card companies for pennies on the dollar, but receive only minimal information from those sources. It can be difficult and expensive for the collection companies to get additional information on the defaulting consumers and business owners.

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http://www.bizjournals.com/phoenix/news/2012/05/14/brewer-signs-bill-to-help-debt.html

[spanone]

1. ms brewer & scott walker need to go....N O W

these people do NOTHING for the electorate

[mazzarro]

2. +100% -- n/t

[DCKit]

5. Don't forget Scott in FL, Corbett in PA or Christy of NJ.

I've never seen such a collection of losers, idiots and tools in office at any time over the past forty years.

[demtenjeep]

3. and if the repukes take the WH and the senate

this is what we all have to look forward to

[longship]

4. Bless you, demtenjeep. You hit the nail on the head.

[HockeyMom]

6. Collection Agency threatened my daughter

Her debt was outstanding medical bills. She was still living with me and making little over minimum wage. The person threatened her, and her family, with PHYSICAL HARM if she didn't pay up. Said they would come after US too. First of all, nobody can threaten physical harm for debts. Second, she was an adult, and we were not liable for her debt.

I told her next time they called to tell them that she was recording them and would contact her attorney. They hung up immediately, and never called MY HOME again.

[marmar]

7. And I'm sure no palms have been greased by the Collection Agency lobby.

nt