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A00271 Summary:

BILL NOA00271B
 
SAME ASSAME AS S07303-A
 
SPONSORPheffer (MS)
 
COSPNSRGianaris, Clark, Ortiz, Millman, Robinson, Rivera J, Benjamin, Gabryszak, Rivera N, Jaffee
 
MLTSPNSRAlfano, Aubry, Barra, Brennan, Cook, Cymbrowitz, DelMonte, Englebright, Farrell, Glick, Gottfried, Hooper, Hoyt, Jacobs, Lifton, Lupardo, Magee, Magnarelli, Paulin, Perry, Pretlow, Scarborough, Towns, Weinstein, Weisenberg
 
Add S601-a, amd S602, Gen Bus L; amd S553, Exec L
 
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.
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