A Guide to New York’s New Debt Collection Laws

The State of New York has recently passed new debt collection laws to protect consumers from predatory practices. If you are a resident of New York, it is important to understand these laws and how they protect you. This guide will provide an overview of the new laws in order to help you better manage your finances and avoid any potential pitfalls.

The new law grants consumers greater protection against aggressive debt collectors and limits the amount collectors can take from their wages or bank accounts without proper authorization. It also requires creditors to provide detailed information on all collection notices sent out, including the name of the creditor, contact information for questions regarding the debt, and a clear explanation of how payments may be made. Finally, it also sets up penalties for violations such as excessive telephone calls or letters sent in an effort to collect money owed.

The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

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