Email Alerts

Sign-up to Get Notified

Receive monthly reminders on when to check your wireless plan's data usage. Don't be caught by surprise again.

Sign-Up

  

California law blocks debt collectors from emptying your bank account

Source: David Lazarus, L.A.Times (Paid Registration)

Gov. Gavin Newsom signed into law a bill that will prevent debt collectors from emptying Californians’ bank accounts.

The bill — SB 616 — doesn’t block collectors from draining funds from the account of a person with IOUs. But it puts a halt to the practice once an individual’s combined account balances are down to $1,724.

Read Full Article: California law blocks debt collectors from emptying your bank account

 

Tags/Keywords