Bill Title: Amends the Attorney General Act. Requires the Attorney General to compile and file with the General Assembly twice a year a report containing, among other information, the number of and status of actions against debt collection agencies. Requires the Attorney General to attend and conduct specified meetings relating to debt collection practices and conferences of interested and relevant groups and associations. Amends the Code of Civil Procedure. Provides that a debt collector or collection agency that brings a legal action on a debt against any consumer shall attach specified documentation to the complaint establishing that the plaintiff is the owner of the debt. Provides that if the debt was assigned more than once, each assignment or other writing evidencing transfer of ownership must be attached to establish an unbroken chain of ownership, beginning with the original creditor to the first debt buyer and each subsequent sale. Provides that before entry of a default judgment against a consumer in an action on a debt owned by a debt buyer, the plaintiff shall file with the court specified evidence that establishes the amount and nature of the debt.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB3140 Detail]

Text: Latest bill text (Introduced) [HTML]

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