Author: christoperedens
Attorney General James Issues Guidance to Protect New Yorkers Stimulus Payments from Debt Collectors
NEW YORK – New York Attorney General Letitia James today took action to protect millions of New Yorkers and block debt collectors from seizing billions of dollars in emergency stimulus payments authorized by the American Rescue Plan Act of 2021. Attorney General James issued official guidance to New York state banking institutions, creditors, and debt collectors, making clear that financial relief provided through stimulus payments are exempt from garnishment under New York law . The American Rescue Plan Act authorized the U.S. Department of Treasury to send billions of dollars to Americans struggling as a result of the economic fallout ... Read more