2007 Regular Session


File Code: Commercial Law - Credit Regulation Prior Year Introduction As: HB 1385/06 - ECM
Sponsored By:
Delegates Feldman, Miller, Aumann, Bates, Haddaway, Harrison, Impallaria, Jameson, Kirk, Krebs, Krysiak, Love, Manno, Minnick, Taylor, F. Turner, Vaughn, and Walkup
Credit Regulation - Debt Management Services


Authorizing a person that is not a nonprofit organization to provide debt management services in the State; requiring a person that is licensed to provide debt management services to make a determination, before providing debt management services for a consumer, about whether the debt management services are suitable for the consumer and whether the consumer will be able to meet the payment obligations under the debt management services agreement; etc.

History by Legislative and Calendar Date

House Action
First Reading Economic Matters
Hearing 3/6 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Brian J. Feldman, District 15
Delegate Susan L. M. Aumann, District 42
Delegate Gail H. Bates, District 9A
Delegate Jeannie Haddaway, District 37B
Delegate Hattie N. Harrison, District 45
Delegate Rick Impallaria, District 7
Delegate Sally Jameson, District 28
Delegate Ruth M. Kirk, District 44
Delegate Susan W. Krebs, District 9B
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Roger Manno, District 19
Delegate Warren E. Miller, District 9A
Delegate Joseph J. Minnick, District 6
Delegate Herman L. Taylor, Jr., District 14
Delegate Frank S. Turner, District 13
Delegate Michael L. Vaughn, District 24
Delegate Mary Roe Walkup, District 36

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Debt Collection -see also- Attachments and Garnishments
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses

Bill affects the following Statutes:

Financial Institutions
( 12-901 , 12-905 , 12-908 , 12-908 , 12-916 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered