Bankers urge guardrails as House panel weighs bill on coerced debt Testifying on H.385, Chris Delia of the bankers association told the House Judiciary Committee he supports relief for victims of coerced debt but warned that weak procedures could invite fraud and that creditors need a clear path to recover losses and, in some cases, pursue third-party perpetrators.

Chris Delia of the Mount Bankers Association supports urgent relief for victims of coerced debt but warns that weak safeguards could pave the way for fraud.

Learn more here!

#VT #DebtReform #CitizenPortal #FinancialFraud #VictimSupport #VermontBankers