Bill > H4808

This bill modifies Chapter 93 of Massachusetts General Laws by adding a new section that regulates how debt collectors and creditors can handle postdated checks and payment instruments. Specifically, the bill allows debt collectors and creditors to accept postdated checks, but places several important restrictions on this practice: they cannot accept checks postdated by more than five days unless they provide written notice to the person three to ten days (excluding holidays, Saturdays, and Sundays) before depositing the check. The bill also prohibits debt collectors and creditors from soliciting postdated checks as a means of threatening criminal prosecution, and prevents them from depositing or threatening to deposit a postdated check before its stated date. These provisions aim to protect consumers from aggressive debt collection practices by ensuring transparency and preventing the misuse of postdated payment instruments as a form of intimidation or legal threat.

Budget and Finance

Joint Committee on Consumer Protection and Professional Licensure (Joint)

https://malegislature.gov/Bills/194/H4808