Fountain Valley News - Your Hometown Community Newspaper

Consumer Debt Protection Bill

 

Last updated 2/22/2022 at 2:05pm

An interesting bill came through the Finance Committee last week. SB22-086, The Homestead Exemption and Consumer Debt Protection Act. Basically, this bill is for the protection of people who find themselves dealing with debt collectors and/or looking at bankruptcy. We all understand that bad things can happen to good people that can put them in hard times financially. At the same time debt collectors are our friends and neighbors whose job it is to collect money rightfully owed to a person or business.

Currently if someone finds themselves in a position where they may be losing their home t...



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