FAIR DEBT COLLECTION PRACTICES ACT

Bills and resolutions

Consumer Financial Protection Bureau: apply debt collection practices to small businesses to the same extent as to consumers and define ‘‘small business’’ for purposes of such practices (see S. 2884), S6625 [18NO] (see H.R. 5013), H8738 [8NO]

Consumers: clarify that the definition of a debt collector includes a person in a business with the principal purpose of enforcement of security interests (see H.R. 5001), H8738 [8NO]

——— improve debt collection practices protections (see H.R. 5021), H8739 [8NO]

——— prevent deceptive and harassing practices when collecting debt owed to a State or local government, index award of debt collection damages for inflation, and prohibit referral of emergency individual assistance debt (see H.R. 3948), H7377 [24JY]

——— prohibit debt collectors from collecting, or attempting to collect, on a consumer debt of which the statute of limitations has expired (see H.R. 5034), H8782 [12NO]

——— provide enhanced protection against debt collector harassment of Armed Forces members (see H.R. 5003), H8738 [8NO]

——— restrict debt collection practices of certain debt collectors (see S. 2516), S5602 [19SE] (see H.R. 4403), H7834 [19SE]

Credit: exclude from credit reports medical debt for medically necessary procedures, provide for a timetable for verification of medical debt, and increase efficiency of credit markets with more perfect information (see H.R. 5330), H9294 [5DE]

——— exclude from credit reports medical debt that is recently delinquent or has been paid, provide for a timetable for verification of medical debt, and increase efficiency of credit markets with more perfect information (see S. 1581), S3005 [21MY]

Dept. of Education: prohibit debt collectors from collecting on certain Federal student loan debt when the borrower would not be required to make payments under an income-driven repayment plan (see H.R. 5287), H9221 [3DE]