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2016 Regular Session



Consumer Protection - Collection and Sale of Consumer Debt - Restrictions

Sponsored by:

Delegate Gutierrez


In the House - Unfavorable Report by Economic Matters

Synopsis:Prohibiting a debt collector from attempting to collect a debt unless the debt collector possesses specified verifiable information; requiring a specified affidavit to meet specified requirements; prohibiting supporting documents in a civil action, including affidavits, from being created solely for the purpose of filing a civil action; prohibiting an original creditor from selling a specified debt; requiring an original creditor to provide specified documentation to a debt buyer; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Gutierrez, Carr, Cullison, Luedtke, Moon, Morales, Pena-Melnyk, and Smith
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2016
Economic Matters  View Committee Hearing
Broad Subject(s):Commercial Law - Consumer Protection
Commercial Law - Credit Regulation
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Civil Actions -see also- Small Claims
Consumer Protection -see also- Unfair Trade Practices
Death -see also- Advance Medical Directives; Wrongful Death
Debt Collection -see also- Attachments and Garnishments
Debt Management
Loans -see also- Mortgages
Statutes:Article - Commercial Law
(14-201, 14-202)

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October 24, 2017 5:02 P.M.