CURepossession

Where the repossession industry gets its news

Repo Alliance Fights Back Against Devastating Debt Collection Bill

On May 13, the House of Representatives passed the  Comprehensive Debt Collection Improvement Act (H.R. 2547) by a vote of 215-207. The bill, which now heads to the Senate for consideration, would expand the definition of a “debt collector” and increase risks to lenders. This may have a DEVASTATING impact on the repossession industry.

Read More!

Facebook Comments