Friday, October 19, 2018
CLOSE
 
We Must Protect Individuals with Debt from Loan Shark Tactics
By Assemblymember Reggie Jones – Sawyer
Published May 3, 2018

Assemblymember Reggie Jones-Sawyer (Courtesy photo)

The Rosenthal Fair Debt Collection Practices Act (the Act) has served consumers well, and ensures fair debt collection related to credit card debt.  However, the Act does not protect individuals who have unpaid parking tickets, storage and towing fees from receiving multiple calls in one night from a debt collector using profane and offensive language in pursuit of collecting delinquent payments. 

 Nobody plans on accumulating more debt than can be easily paid.  Yet, many people find themselves with debts that may leave them subject to harassment. Unfortunately there are no protections that prevent the use of loan shark tactics by debt collectors.  That is why when the Mexican American Legal Defense Fund (MALDEF) came to me describing instances where courts ruled that people with certain debts were not protected from bullying behavior, I knew I had to author Assembly Bill 2825 (AB 2825). 

 These types of financial delinquencies are prevalent in low income communities, who cannot afford lawyers, making them more susceptible to aggressive and unacceptable tactics. 

 I have spent my career in the Legislature fighting for the voiceless. The people in the communities I represent often take on debt out of necessity, because they were not born with silver spoons in their hands.  They have to make the tough choice between paying their rent, buying groceries, or paying a parking ticket.  If we want the South Los Angeles, Walnut Parks, Florence-Firestones and Huntington Parks of the world to flourish, then we have to give them a fair chance.  The debts that families face are already a burden, and should not be vulnerable to harassment by unscrupulous debt collectors. 

 We already offer protections against unethical debt collection practices for consumer credit transactions. We should extend the same protections to financial delinquencies that arise from parking tickets, storage and towing fees.  AB 2825 would help make sure that debt is treated in a fair and transparent manner. We all need fairness and dignity. 

Categories: Business | News (Business) | Op-Ed | Opinion | Political
Tags: | | | | | | | |

Get the Los Angeles Sentinel App!



Since 1933 The Voice of Our Community Speaking for Itself.
85 Years of LA Sentinel.
Black News.
SEARCH:    

Legends


Photo of the Day
Events

LA Sentinel
in your pocket:





WBOK 1230am
Real Talk For Real Times
A Bakewell Media Company



Taste of Soul Sponsors

LA Watts Times


TOS-Cookbook-Web

© 2018 Los Angeles Sentinel All Rights Reserved • A Bakewell Media Publication

Contact UsAboutMedia KitCorrections & Misprints

Terms of ServicePrivacy Policy

LA Watts TimesTaste of SoulWBOK 1230am

Close / I'm already on the list

Subscribe Today!

Don't be limited anymore! Subscribe Now »

** Existing subscribers, please Login / Register for Digital »

Subscribe to The Los Angeles Sentinel for only $5.99 $3.99 per month, with 1 month free!

Relax in comfort each week as you read the printed newspaper on your own time, delivered weekly to your home or office. This subscription also includes UNLIMITED DIGITAL ACCESS for all of your devices. Includes FREE shipping! One easy payment of $3.99/month gets you:

Subscribe Now »

Enter For a Chance to Win!

2018 HYUNDAI Kona Limited

NO PURCHASE NECESSARY. CA, 21+ only. Ends 11/5/18.