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Article: Governor Paterson Signs Landmark Legislation that Protects Elderly, Disabled, Veteran, and Lower Income New Yorkers From Abusive Debt Collection.
- Article from:
- Science Letter
- Article date:
- October 14, 2008
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The Exempt Income Protection Act, sponsored by Senator Dale M. Volker (Depew) and Assembly woman Helene E. Weinstein (Brooklyn), was signed into law by Governor Paterson on Friday, September 26, 2008. The law will shield elderly, disabled, veteran, and lower income New Yorkers from unlawful practices by debt collectors and goes into effect January 1, 2009 (see also New Yorkers For Responsible Lending).
New Yorkers for Responsible Lending (NYRL), a coalition of 141 non-profit organizations from across the state, lauded Governor Paterson for signing the bill. "NYRL applauds the Governor and the State Legislature for providing vital protections to New Yorkers who ...