summary
Introduced
05/02/2022
05/02/2022
In Committee
05/02/2022
05/02/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to fairness in debt collection, reports the accompanying bill (Senate, No. 2858).
AI Summary
This bill aims to provide greater fairness in debt collection practices. Key provisions include:
1. Exempting a portion of a consumer's weekly earnings from garnishment to satisfy a judgment for a consumer debt, with the ability for the consumer to claim additional hardship exemptions. It also prohibits adverse employment actions against employees due to garnishments.
2. Establishing a 4-year statute of limitations on the collection of consumer debts, and preventing the revival of debts after the limitations period has expired.
3. Requiring advance notice and opportunities for consumers to claim exemptions before supplementary debt collection proceedings, and prohibiting imprisonment for failure to pay consumer debts.
4. Limiting the interest rate and attorney's fees that can be collected on successful consumer debt lawsuits, and providing for attorney's fees for prevailing consumers.
The bill aims to enhance protections for consumers facing debt collection actions in Massachusetts.
Committee Categories
Budget and Finance
Sponsors (11)
Mike Barrett (D),
Harriette Chandler (D),
Jo Comerford (D),
Sal DiDomenico (D),
Diana Dizoglio (D),
Jamie Eldridge (D),
Paul Feeney (D),
Carlos González (D),
Joan Lovely (D),
Elizabeth Malia (D),
Maria Robinson (D),
Other Sponsors (1)
Joint Committee on Financial Services (J)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 05/02/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S2858 |
| Bill | https://malegislature.gov/Bills/192/S2858.pdf |
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