WV SB338 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 18 2012 - 25% progression, died in committee
Action: 2012-01-18 - To Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 18 2012 - 25% progression, died in committee
Action: 2012-01-18 - To Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to ensure that West Virginia borrowers are provided accurate notice of their right to cure a default on any installment or other secured obligation and to encourage more careful scrutiny on the part of creditors over the calculation of the amount due from the borrower in order to cure the default and, finally, to extend the time frame during which a cure can be effectuated.
Title
Relating to consumer's right to cure loan default
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-18 | To Banking and Insurance | |
| 2012-01-18 | Introduced in Senate | |
| 2012-01-18 | To Banking and Insurance then Judiciary | |
| 2012-01-18 | Filed for introduction |
Same As/Similar To
HB4276 (Same As) 2012-03-01 - To Judiciary
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 46A | 2 | 106 | Amended Code | Citation Text |
