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Weak Laws Offer Debtors Little Protection and Allow Collectors to Seize a Fourth of Their Wages
Tuesday, September 16, 2014 5:03
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By Paul Kiel, ProPublica, and Chris Arnold, NPR
Critics say the 1968 federal law that allows collectors to take 25 percent of debtors’ wages, or every penny in their bank accounts, is out of date and overly harsh.
Related Entries
- September 15, 2014 Wages of Millions Seized to Pay Past Debts
- September 13, 2014 Harvard Business School’s Role in Widening Inequality
Source: http://www.truthdig.com/report/item/laws_offer_debtors_little_protection_allow_collectors_seize_wages_20140916/
