MA H519

Bill

Relative to consumer protection following a bankruptcy

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the reporting of credit transactions of consumers by financial or consumer lending institutions following bankruptcies. Financial Services.

AI Summary

This bill requires financial or consumer lending institutions to report to major credit reporting agencies any payments made by consumers on reaffirmed debt after the consumer has filed for bankruptcy. If the debt was not reaffirmed, the institutions must report the number of months elapsed since the bankruptcy filing and the number of payments made during that period. The bill also imposes penalties on institutions that fail to comply, including actual damages, punitive damages, and fines up to $5,000 for repeated offenses. The purpose is to provide consumer protection and ensure accurate credit reporting following a bankruptcy.

Committee Categories

Business and Industry

Sponsors (4)

Lori Ehrlich (D), Sheila Harrington (R), James Miceli (D), Jim O'Day (D),

Last Action

Accompanied a study order, see H4778 (on 07/18/2018)

Official Document

https://malegislature.gov/Bills/190/H519

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H519
Bill	https://malegislature.gov/Bills/190/H519.pdf

Bill	Bill Name	Last Action	Type
H1728	Relating to consumer protections in the sale and usage of propane gas	Accompanied a study order, see H4651	Similar To
H185	Providing security to consumers for purchases from certain vendors	Accompanied a study order, see H4638	Similar To
H35	Relative to enhancing consumer protection with respect to unclaimed property	Accompanied a study order, see H4785	Similar To
H4778	Financial services	Discharged to the committee on House Rules	Replaced by
H503	Relative to providing consumer protection in the licensing of appraisers	Accompanied a study order, see H4778	Similar To
H556	Providing additional consumer protections in the repair of damaged motor vehicles	Accompanied a study order, see H4778	Similar To
S104	Providing consumers with equal protection for all real estate appraisals	New draft substituted, see S2246	Similar To
S115	Protecting consumers in the issuance of sports and entertainment tickets	No further action taken	Similar To
S2336	Protecting consumers by prohibiting blocking, throttling, or paid prioritization in the provision of internet service	New draft substituted, see S2610	Similar To
S2357	Relative to unsolicited loans	No further action taken	Similar To

Bill > H519

MA H519

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary