Solons want abusive, unfair debt collection practices stopped
(File photo) MANILA - Davao City 1st District Rep. Paolo Duterte and Benguet Rep. Eric Yap filed a bill seeking to stop violation of debtor's right to privacy and unfair debt collection practices which have become very common nowadays. The two proposed House Bill (HB) No. 6681 or the "Fair Debt Collection Practices Act", which aims to regulate debt collection practices to protect borrowers from abuses, harassment, unfair treatment and misrepresentations. Duterte and Yap vowed to put an end to these irregularities and believed that HB 6681 is the key to addressing these concerns. ...