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NY S03491
Bill
Status
12/28/2018
Primary Sponsor
Jamaal Bailey
Click for details
AI Summary
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Prohibits principal creditors and debt collection agencies from misrepresenting that family members are required to pay the debts of deceased debtors in violation of the Fair Debt Collection Practices Act (15 USC § 1692 et seq.)
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Forbids debt collection agencies from making any misrepresentation about a family member's obligation to pay debts of a deceased person
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Defines "debt collection agency" as a person, firm, or corporation whose principal purpose is to regularly collect or attempt to collect debts owed to another or debts in default when obtained or assigned to such entity
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Becomes effective 90 days after enactment
Legislative Description
Requires disclosure by principal creditors and debt collection agencies of the legal obligations of a deceased debtor's family.
Last Action
SIGNED CHAP.471
12/28/2018