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- H.R.5387
H.R.5387: Debt Settlement Consumer Protection Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced May 25, 2010
- Latest Major Action May 25, 2010
Bill Sponsor
Bill Summary
Debt Settlement Consumer Protection Act of 2010 - Amends the Consumer Credit Protection Act to prohibit debt settlement providers from providing a debt settlement service or receiving a fee from a consumer without a signed written contract meeting specified requirements. Prohibits debt settlement providers from engaging in certain acts or practices, including: (1) making loans or offering credit or soliciting or accepting any note, mortgage,...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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May 25, 2010 |
Introduced in the House by Luis V. Gutiérrez (D-Ill.) |