BILL NO A00271B
SAME AS SAME AS S07303-A
SPONSOR Pheffer (MS)
COSPNSR Gianaris, Clark, Ortiz, Millman, Robinson, Rivera J, Benjamin,
Gabryszak, Rivera N, Jaffee
MLTSPNSR Alfano, Aubry, Barra, Brennan, Cook, Cymbrowitz, DelMonte,
Englebright, Farrell, Glick, Gottfried, Hooper, Hoyt, Jacobs, Lifton,
Lupardo, Magee, Magnarelli, Paulin, Perry, Pretlow, Scarborough,
Towns, Weinstein, Weisenberg
Add S601-a, amd S602, Gen Bus L; amd S553, Exec L
Requires debt collectors to send consumers a written notice of their rights
under state law along with their initial debt collection correspondence; such
notice would contain information such as who and when a principal creditor may
contact a debtor about the debt owed as well as the fact that a principal
creditor cannot disclose information affecting a consumer debtor's reputation
for creditworthiness if the principal creditor knows or has reason to know such
information is false; applies to consumer rather than commercial debts.
