CURepossession

Where the repossession industry gets its news

To All Asset Recovery Specialists, WE NEED YOUR VOICE, WE MUST STAND AS ONE

The American Collector’s Association (ACA) announced on May 5th (see bullet point number two).  Senator Elizabeth Warren and Senator Sherrod Brown introduced a second proposal asking for a ban on repossessions as well as pause all debt payments and accrued interest, late fees or other penalties for non-payment of debt.  The Senators also propose to pause garnishments, evictions and utility disconnections. 

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