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.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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