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Debt Collection Exempt Sources Required Notice
19th Annual Consumer Financial Services Institute
Book Publication Date:
Under federal law certain sources of income, such as social security, unemployment, and federal student loans, are exempt from collection by consumer debt collectors.
Debt collectors are required to notify consumers that such funds cannot be used to satisfy any judgment against them.
This form provides the required form of such notice.
PLI Item #:
"Fair Debt Collection Practices Act"
"New York State Department of Financial Services"
"supplemental security income"
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