Sections
10 entriesSection 1788.50Defines a debt buyer as a person or entity regularly purchasing charged-off consumer debt for collection, excluding incidental acquisition within a portfolio…Section 1788.52Prohibits debt buyers from written collection unless they possess specified ownership, balance, default, creditor, debtor, purchaser, license, and agreement records. Requires requested…Section 1788.54Requires debt-buyer settlement agreements to be documented in open court or writing and a written copy provided to the debtor. Requires a…Section 1788.56Prohibits a debt buyer from filing suit, starting arbitration, or initiating any other legal proceeding to collect a consumer debt after the…Section 1788.58Requires a debt buyer’s collection complaint to allege specified ownership, balance, default, creditor, debtor, purchaser, license, and compliance information and attach the…Section 1788.60Bars default or other judgment in a debt-buyer action unless the debt buyer submits authenticated business records establishing the required facts and…Section 1788.61Allows a person lacking actual notice of a debt-buyer action to seek relief from a default or judgment within the earlier of…Section 1788.62Sets debt-buyer liability at actual damages plus $100-to-$1,000 statutory damages; pattern-and-practice class damages may reach the lesser of $500,000 or 1 percent…Section 1788.64Prohibits enforcement of any waiver of the title’s provisions by declaring such a waiver contrary to public policy, void, and unenforceable. Bars…Section 1788.66Prohibits selling or assigning unpaid COVID-19 rental debt from March 1, 2020 through September 30, 2021 when the debtor would have qualified…