On November 18, 2010 a meeting was held with the New York City Council and testimony was presented. As part of that testimony it was reveled that the New York City Department of Consumer Affairs is still pushing for the Debt Settlement Consumer Protection Act.
We are also pushing for strong federal legislation, the Debt Settlement Consumer Protection Act of 2010 (S.3264 / H.R. 5387), introduced by Senator Schumer and Representative Gutierrez. We’ve met with senior staff members of both legislators to urge the enactment of this important bill. And we encourage the Council to join us in this push by passing a resolution that unequivocally supports Senator Schumer’s office in this effort. – Source
At the same meeting, Legal Services NYC, said it was in favor of limiting debt settlement fees via passage of the Uniform Debt Management Services Act (A7268B) that was put forward by Assemblywoman Audrey Pheffer. – Source
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