Sec. 2. Definitions
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Section 803 of the Fair Debt Collection Practices Act ( 15 U.S.C. 1692a ) is amended— in paragraph (4), by striking facilitating collection of such debt for another and inserting collection of such debt ; by amending paragraph
(5)to read as follows: The term debt means— any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance, or services which are the subject of the transaction are primarily for personal, family, or household purposes, whether or not such obligation has been reduced to judgment; or any obligation or alleged obligation of a consumer— to pay a loan, an overpayment, a fine, a penalty, a fee, or other money currently or originally owed to a Federal agency; and that is not less than 180 days past due. ; and in paragraph (6)— by striking the first sentence and inserting the following: The term ; and debt collector means any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts; who regularly collects or attempts to collect, directly or indirectly, by the person’s own means or by hiring another debt collector, debts owed or due or asserted to be owed or due another or that have been obtained by assignment or transfer from another; or who regularly collects debts currently or originally owed or allegedly owed to a Federal agency. in subparagraph (F), by inserting or that has been obtained by assignment or transfer from another after owed or due another .
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U.S. Code