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Tag Archives: McHughes passes legislation

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debt buyers

How Arkansas Legislation Impacts Debt Buyers

ATTORNEY, DEBT COLLECTIONBy mchugheslawApril 13, 2016

Arkansas Creditors Bar Association and McHughes Law Firm helped pass new Arkansas legislation concerning debt buyers. They must now be licensed by Arkansas as debt collectors to legally buy or sell debt in the state. The Arkansas Supreme Court has ruled that debt buyers are considered a collection agency in the eyes of Arkansas law,…

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