Bill

Bill > H1168


MA H1168

Relative to fairness in debt collection


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to the collection of consumer debt. Financial Services.

AI Summary

This bill aims to establish the Debt Collection Fairness Act in Massachusetts. It sets limits on the garnishment of consumer earnings to satisfy consumer debt judgments, restricts the statute of limitations for collecting consumer debt, imposes notice requirements for debt collection proceedings, and regulates the interest rates and attorney's fees that can be charged. The bill also provides that violations of its provisions constitute violations of the state's consumer protection law. The effective date of the bill is January 1, 2023, with certain exceptions.

Committee Categories

Business and Industry

Sponsors (30)

Last Action

Accompanied a new draft, see H4749 (on 05/09/2022)

bill text


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