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US HR2458

US HR2458
Non-Judicial Foreclosure Debt Collection Clarification Act


summary

Introduced
04/13/2021
In Committee
04/13/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL 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.

AI Summary

This bill, the Non-Judicial Foreclosure Debt Collection Clarification Act, amends 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 through non-judicial foreclosure. The bill removes the existing language in the FDCPA that limits the definition of a debt collector for the purposes of one specific section of the Act, thereby expanding the scope of who is considered a debt collector under the FDCPA.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 04/13/2021)

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