SCAM Debt Act
- Last Action
- 3/9/2021
Actions
- 2021-03-09Referred to the House Committee on Financial Services.
- 2021-03-09Introduced in House
- 2021-03-09Introduced in House
CRS Summary
As of 2021-03-09 (00)
Securing Consumers Against Misrepresented Debt Act of 2021 or the SCAM Debt Act
This bill provides additional requirements for debt collectors when taking legal action to collect a debt. Among other requirements, debt collectors must provide advance notice to the consumer of the intent to take legal action, and provide in the initial pleading certain evidence regarding the debt and a sworn affidavit stating that the statute of limitations has not expired.
The bill also sets forth additional information a debt collector must provide to a consumer regarding the debt.
Cosponsors (6)
- Bill Foster (D-IL)
- Steve Cohen (D-TN)
- Judy Chu (D-CA)
- ELEANOR NORTON (D-DC)
- Stephen Lynch (D-MA)
- JAMES MCGOVERN (D-MA)
Subjects
- Alternative dispute resolution, mediation, arbitration
- Civil actions and liability
- Debt collection
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.