The City — New Yorkers facing down private debts in court will see some relief after advocates pushed Gov. Andrew Cuomo to put all collections on pause amid the coronavirus crisis.
The City — Gov. Andrew Cuomo has paused the collection of medical and student debt owed to New York State, ordered evictions halted and put a 90-day stay on mortgage payments and foreclosures for owners facing financial hardship.
We, the undersigned 63 civil rights, racial and economic justice, labor, and community groups, call on New York to institute an immediate moratorium on debt collection in our state, as part of a broader set of emergency measures needed to protect public health and safety and financial security, during this unprecedented crisis.
In February 2019, New Economy Project filed a federal class action lawsuit charging the NYC Transit Authority, an arm of the Metropolitan Transportation Authority (MTA), with systemic due process violations. The civil rights lawsuit challenges the Transit Authority’s seizures of people’s state tax refunds to collect on default judgments—some going back 20 years or more—without […]
Bloomberg Law — Debt collectors can be downright mean when going after people who owe money, but this one appeared to have reached a new low—the caller threatened to get the debtor deported.
The City — When a debt collector called Alba Ramirez, she had no idea who was on the other line or what the person wanted.
Seems New Economy Project has struck a nerve. This year, Encore Capital, the country’s largest publicly-traded debt-buying company, blocked us from speaking at its annual shareholder meeting – even though our organization is a full-fledged shareholder in the company.
These maps depict the concentration of consumer credit cases and default judgments in NYC’s communities of color, and accompany our blog post No More, Encore (take two).
Washington Post — By last year, Terrie Raymer thought she was in the clear. A nearly $14,000 credit card debt she owed Target was now so old under Oklahoma’s laws that she could no longer be sued to collect the money. It was a relief, and Raymer began making plans to restart her life, including buying a new home.
Consumer Reports — As a Type 1 diabetic, Sarah Stark expects to have to cope with a lot of medical bills. But one hassle that’s taken her by surprise is dealing with debt collectors. Earlier this year, she says, a debt collector claimed she owed a medical bill that she had already paid.