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A00271 Summary:
BILL NO | A00271B |
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SAME AS | SAME AS S07303-A |
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SPONSOR | Pheffer (MS) |
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COSPNSR | Gianaris, Clark, Ortiz, Millman, Robinson, Rivera J, Benjamin, Gabryszak, Rivera N, Jaffee |
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MLTSPNSR | Alfano, Aubry, Barra, Brennan, Cook, Cymbrowitz, DelMonte, Englebright, Farrell, Glick, Gottfried, Hooper, Hoyt, Jacobs, Lifton, Lupardo, Magee, Magnarelli, Paulin, Perry, Pretlow, Scarborough, Towns, Weinstein, Weisenberg |
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Add S601-a, amd S602, Gen Bus L; amd S553, Exec L | |
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Requires debt collectors to send consumers a written notice of their rights under state law along with their initial debt collection correspondence; such notice would contain information such as who and when a principal creditor may contact a debtor about the debt owed as well as the fact that a principal creditor cannot disclose information affecting a consumer debtor's reputation for creditworthiness if the principal creditor knows or has reason to know such information is false; applies to consumer rather than commercial debts. |