House Bill 1671
117th Congress(2021-2022)
SCAM Debt Act
Introduced
Introduced in House on Mar 9, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1671
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
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.
March 9, 2021
03/09/2021
Referred to the House Committee on Financial Services.
03/09/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:48:24 PM