summary
Introduced
11/08/2019
11/08/2019
In Committee
11/14/2019
11/14/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector includes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests. This bill applies requirements for debt collectors to businesses engaged in nonjudicial foreclosures (i.e., the enforcement of security interests). These requirements include debt verification and prohibitions on the means of debt collection.
AI Summary
This bill, the Non-Judicial Foreclosure Debt Collection Clarification Act, aims to amend the Fair Debt Collection Practices Act (FDCPA) to clarify that the definition of a "debt collector" includes, in all cases, a person whose principal business purpose is the enforcement of security interests, such as non-judicial foreclosures. This will apply the FDCPA's requirements, including debt verification and prohibitions on certain debt collection practices, to businesses engaged in non-judicial foreclosures, which are the enforcement of security interests outside the judicial system.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 523. (on 12/10/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/5001/all-info | 11/09/2019 |
| BillText | https://www.congress.gov/116/bills/hr5001/BILLS-116hr5001rh.pdf | 12/12/2020 |
| Bill | https://www.congress.gov/116/bills/hr5001/BILLS-116hr5001rh.pdf.pdf | 12/12/2020 |
| BillText | https://www.congress.gov/116/bills/hr5001/BILLS-116hr5001ih.pdf | 11/20/2019 |
| Bill | https://www.congress.gov/116/bills/hr5001/BILLS-116hr5001ih.pdf.pdf | 11/20/2019 |
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