Item Title: REPORT – ORDINANCE – NFA – PREDATORY TAX DEBT COLLECTORS
Item Detail:
14. REPORT, Committee on Ordinances, recommending that the City Council take “NO FURTHER ACTION” on the WRITTEN MOTION, Councillor Dunn, requesting that the City of New Bedford cease facilitating home equity theft through the contracting of predatory tax debt collectors, like Tallage, that impose a 16% interest rate and take the entire value of the property at foreclosure sale, even when the sale value exceeds the debt.
14a. WRITTEN MOTION, Councillor Dunn, requesting that the City of New Bedford cease facilitating home equity theft through the contracting of predatory tax debt collectors, like Tallage, that impose a 16% interest rate and take the entire value of the property at foreclosure sale, even when the sale value exceeds the debt. (Referred to the Committee on Ordinances – April 12, 2022.)
Additional Information:
|