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A02072 Summary:

BILL NO    A02072 

SAME AS S01351

SPONSOR    Quart



Add S601-a, amd S602, Gen Bus L; amd S94-a, 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.
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