HR 5034
Fair Debt Collection Improvement Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Fair Debt Collection Improvement Act, updates the Fair Debt Collection Practices Act to specifically prohibit debt collectors from pursuing debts that are past the legal statute of limitations. It clarifies that debt collectors cannot attempt to collect on debts where the time limit for legal action has passed. This aims to protect consumers from being contacted about debts they no longer legally owe. The bill adds a new section to the existing law outlining this prohibition.
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