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Entries Tagged as 'proposed debt buyer legislation'

Minnesota Lawmakers Propose Bill to Help Protect Consumers From Debt Buyers

February 24th, 2010 · No Comments · Debt Collection

This past week a bill was introduced by Minnesota Legislators which will require debt buyers in the state to follow strict, new guidelines on the collection activity associated with purchased debt, along with the verification process utilized by the associated accounts receivable management firms. House bill HF 2996 and Senate bill SF2689 are being championed by Minnesota State [...]

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