Indiana Receives a D in National Debt-Collection Protection

(UNDATED) – A new report from the National Consumer Law Center (NCLC) surveys the exemption laws of the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands that protect wages, assets in a bank account, and property from seizure by creditors. 

How states still allow debt collectors to push families into poverty

No Fresh Start in 2019: How States Still Let Debt Collectors Push Families into Poverty finds that Indiana’s laws do not meet basic standards so that debtors can continue to work productively to support themselves and their families.

State grades are determined based upon the state’s protection of:

  • a living wage
  • the family home
  • the family car
  • a basic amount in a family bank account
  • household goods

The report outlines key recommendations about reforms necessary for state property-exemption laws.

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