Bill

Bill > HR5034


US HR5034

US HR5034
Fair Debt Collection Improvement Act


summary

Introduced
11/12/2019
In Committee
11/12/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Fair Debt Collection Practices Act to prohibit debt collectors from collecting, or attempting to collect, on a debt of a consumer with respect to which the statute of limitations has expired, and for other purposes. This bill prohibits a debt collector from collecting a consumer debt if the applicable statute of limitations has expired.

AI Summary

This bill, the Fair Debt Collection Improvement Act, amends the Fair Debt Collection Practices Act to prohibit debt collectors from collecting or attempting to collect on a consumer debt for which the applicable statute of limitations has expired. In other words, this bill would prevent debt collectors from pursuing debts that are considered too old to legally collect upon.

Committee Categories

Business and Industry

Sponsors (12)

Last Action

Referred to the House Committee on Financial Services. (on 11/12/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...