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S01351 Summary:
| BILL NO | S01351 |
| SAME AS | SAME AS A02072 |
| SPONSOR | PERALTA |
| COSPNSR | |
| MLTSPNSR | |
| 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. | |