Arizona voters passed Proposition 209 in November of 2022. Although billed as a healthcare debt interest rate limit, it surprisingly impacts Arizona employers. In Arizona, generally, thirty days after an election,...more
The Fair Debt Collection Practices Act (“FDCPA”) is a federal law that establishes protection for consumers from abusive debt collection practices. The FDCPA covers debt used for “personal, family, or household purposes”...more
Arizona-based employers ask us, “Can we be held liable for the debts of our employees?” The short answer is maybe. However, the risk lessens if the employer follows some best practices. For many employers, they do not know...more
1. Make sure you have what you need from the start -
Take advantage of all information needed to collect at the time the loan is made or the services are provided, including obtaining a security interest in collateral....more