US Congress House Bill 3402 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on October 30 2013 - 25% progression, died in committee
Action: 2013-10-30 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Fair Debt Collection Improvement Act - Amends the Fair Debt Collection Practices Act to prohibit a debt collector from bringing, or threatening to bring, legal action against any consumer on a debt in which the statute of limitations has expired. Requires a debt collector, in connection with the collection of debt in which the statute of limitations has expired, to disclose to the consumer that: (1) the debt has been transferred to the debt collector, (2) the creditor no longer holds the debt, (3) the debt collector may not bring legal action against the consumer to collect the debt because the statute of limitations has expired, and (4) any payment by the consumer towards the debt may cause the statute of limitations to reset.

Fair Debt Collection Improvement Act

Rep. Steve Cohen [D-TN]

Rep. John Conyers [D-MI]

Rep. Gwen Moore [D-WI]

Rep. Eleanor Norton [D-DC]

Date	Chamber	Action
2013-10-30	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/3402/all-info
Text	https://www.congress.gov/113/bills/hr3402/BILLS-113hr3402ih.pdf