Bill
H 1275
Overview: H 1275, "An Act relative to fairness in debt collection", was accompanied by a new draft (H4316) and introduced on February 27, 2025.Purpose and Intent: The bill aims to
Overview: H 1275, "An Act relative to fairness in debt collection", was accompanied by a new draft (H4316) and introduced on February 27, 2025.
Purpose and Intent: The bill aims to address concerns about unfair and deceptive debt collection practices, with the goal of protecting consumers and ensuring a more equitable debt collection process.
Key Provisions:
- Prohibits debt collectors from engaging in abusive, deceptive, or unfair collection practices
- Requires debt collectors to provide detailed information about the debt, including the original creditor and the amount owed
- Gives consumers the right to dispute the validity of the debt and request verification
- Establishes a statute of limitations on the collection of certain debts
Affected Parties and Impacts: The bill would primarily affect consumers who have outstanding debts, as well as debt collection agencies and creditors. Consumers would have increased protections against abusive practices, while debt collectors would need to adhere to stricter regulations.
Procedural and Timeline Considerations: The bill has been accompanied by a new draft (H4316) and is currently in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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