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Canadians' credit debt levels 'merit close watching'

clock April 7, 2012 07:00 by author Mike Garretson
A recent study from the C.D. Howe Institute points out that Canadian households' credit card debt has surpassed that of their American counterparts.The Rise in Consumer Credit and Bankruptcy: Cause for Concern? report addresses the fact that debt levels associated with consumer credit in Canada are higher than at any point in history. Study au... [More]

Ohio city's court of clerks looks to AG for collection help

clock April 6, 2012 13:15 by author Mike Garretson
Erie County, Ohio, hopes to recoup "thousands" of dollars in unpaid court fees with the help of Ohio attorney general Mike DeWine, the Sandusky Register reports.Clerk of courts Luvada Wilson feels confident that with help from DeWine's office, her debt collection tactics will be more effective than the previous regime."The Attorn... [More]

Minnesota utilities debt a major problem for city

clock April 6, 2012 12:00 by author Mike Garretson
While utilities debt is not often as frequently publicized as student loan debt, overdue medical bills or past due credit card payments, it is still a major problem for many Americans. And in colder climates, being in debt to utility providers could be life-threatening in the winter months.In Duluth, Minnesota, overdue utility accounts are a large ... [More]

New debt law to apply to Illinois citizens

clock April 6, 2012 08:15 by author Mike Garretson
In Illinois, many debtors who would have faced jail time in the past due to their overdue charges will be protected by the Debtors' Rights Act of 2012, pending passage by the Senate. [More]

Overdue drivers' tickets still go to collections

clock April 5, 2012 12:00 by author Mike Garretson
The Louisiana Committee on Transportation, Highways and Public Works recently refused a bill set forth by New Orleans Senator J.P. Morrell that would've banned the practice of sending traffic tickets to collections, The Times-Picayune reports.In a 4-2 vote, the committee disagreed with Morrell's claim that transferring accounts to debt coll... [More]