2006 Regular Session

HOUSE BILL 1385

File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 673
Sponsored By:
Delegates Miller, Bates, Conroy, Feldman, Haddaway, Krebs, Love, Moe, Parrott, Vaughn, Walkup, and Wood
Entitled:
Credit Regulation - Debt Management Services

Synopsis:

Authorizing a person that is not a nonprofit organization to provide debt management services in the State; requiring a person that is licensed to provide debt management services to make a determination, before providing debt management services for a consumer, about whether the debt management services are suitable for the consumer and the consumer's ability to meet the obligations of the debt management services agreement; etc.

History by Legislative Date

House Action
2/10
First Reading Economic Matters
2/22
Hearing 3/14 at 1:00 p.m.
3/9
Hearing cancelled
Hearing 3/15 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Warren E. Miller, District 9A
Delegate Gail H. Bates, District 9A
Delegate Mary A. Conroy, District 23A
Delegate Brian J. Feldman, District 15
Delegate Jeannie Haddaway, District 37B
Delegate Susan W. Krebs, District 9B
Delegate Mary Ann E. Love, District 32
Delegate Brian R. Moe, District 21
Delegate Joanne S. Parrott, District 35A
Delegate Michael L. Vaughn, District 24
Delegate Mary Roe Walkup, District 36
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CREDIT
DEBT COLLECTION -see also- ATTACHMENTS AND GARNISHMENTS
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES

Bill affects the following Statutes:

Financial Institutions
( 12-901 , 12-905 , 12-908 , 12-908 , 12-916 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered