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State Legislatures [IN & MN] Introduced Two New Debt Collection Laws Last Week

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InsideArm:

 

Two new bills aimed at the debt collection industry were introduced in state legislatures last week.

 

One in Indiana would explicitly define debt buyers as collectors, for the purpose of regulation.

 

And another in Minnesota contains novel language that would require debt collectors to create and maintain records of contacts with debtors.

 

http://www.insidearm.com/daily/debt-collection-news/debt-collection/state-legislatures-introduced-two-new-debt-collection-laws-last-week/?utm_source=insideARM.com&utm_campaign=f3ea665aa5-ARM_insider_2_2_15&utm_medium=email&utm_term=0_a05497525d-f3ea665aa5-80845493&mc_cid=f3ea665aa5&mc_eid=3ec05283b2

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