AFR joined a letter asking Treasury to urge Congress to protect the third round of economic impact payments in the American Rescue Plan of 2021 from assignment and garnishment.
AFR joined a letter to Congress urging them to protect the next round of economic impact payments from assignment and garnishment.
Americans for Financial Reform joined a letter to the Biden administration highlighting the critical budget-related items that would help consumers in any upcoming Covid legislation. The letter urged President Biden to halt garnishment and offset certain tax refunds, fund a Housing Assistance Fund and housing counseling, and cancel student debt.
Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment.
AFR joined this letter to Congress urging Congress to take the steps needed as soon as possible to clarify that COVID-19 stimulus payments to help households during this public health emergency are exempt from garnishments. View or download pdf here.
The 20 undersigned community, civil rights, consumer, and student advocacy organizations applaud the Senate Democrats’ student debt cancellation proposal. The plan will take decisive action to get immediate and impactful relief to millions of Americans. It will enable many economically distressed borrowers to focus on their own personal safety and that of others, while also freeing up extra dollars they can use to put back into the economy.