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.
Non-Judicial Foreclosure Debt Collection Clarification Act
This bill applies requirements for debt collectors to businesses engaged in nonjudicial foreclosures (i.e., the enforcement of security interests). These requirements include debt verification and prohibitions on the means of debt collection.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 23.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-638.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-638.
Placed on the Union Calendar, Calendar No. 523.
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