SB 1116: Debt Buyers
GENERAL BILL by Storms
Debt Buyers; Provides requirements for debt buyers. Requires a debt buyer to provide a receipt for any payments made by a debtor. Provides acts that are prohibited by a debt buyer. Provides the requirements for filing an action against a debtor by a debt buyer or for collecting attorney's fees charged for collection services. Provides requirements for obtaining a default or summary judgment against a debtor. Provides penalties against a debt buyer for violations, etc.
Effective Date: 7/1/2011
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Commerce and Tourism (CM)
- Budget (BC)
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Bill History
Date Chamber Action 2/15/2011 Senate • Filed
3/1/2011 Senate • Referred to Banking and Insurance; Judiciary; Commerce and Tourism; Budget -SJ 83
3/8/2011 Senate • Introduced -SJ 83
5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance
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SB 1116, Original Filed Version (Current Bill Version) Posted 2/15/2011 at 1:14 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1399 Debt Buyers Williams Identical Last Action: 5/7/2011 H Died in Insurance and Banking Subcommittee
Location: In committee/council (INBS)
Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 559.55 Definitions. Page 1 (pdf) 559.553 Registration of consumer collection agencies required; exemptions. Page 4 (pdf) 559.565 Enforcement action against out-of-state consumer debt collector. Page 4 (pdf) 559.717 Page 5 (pdf)