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S03797 Summary:

BILL NO    S03797 

SAME AS    No same as 

SPONSOR    MONSERRATE

COSPNSR    

MLTSPNSR   

Add SS601-a, amd S602, Gen Bus 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.