Sec. 5437. Fair Debt Collection Practices for Servicemembers
381 words·~2 min read·
/bill/117/hr/7900/pcs/section-5437·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 805 of the Fair Debt Collection Practices Act ( 15 U.S.C. 1692c ) is amended by adding at the end the following: In this subsection, the term covered member means— a covered member or a dependent as defined in section 987(i) of title 10, United States Code; and an individual who was separated, discharged, or released from duty described in such section 987(i)(1), but only during the 365-day period beginning on the date of separation, discharge, or release; or a person, with respect to an individual described in clause (i), described in subparagraph (A), (D), (E), or
(I)of section 1072(2) of title 10, United States Code. A debt collector may not, in connection with the collection of any debt of a covered member— threaten to have the covered member reduced in rank; threaten to have the covered member’s security clearance revoked; or threaten to have the covered member prosecuted under chapter 47 of title 10, United States Code (the Uniform Code of Military Justice). . Section 808 of the Fair Debt Collection Practices Act ( 15 U.S.C. 1692f ) is amended by adding at the end the following: The representation to any covered member (as defined under section 805(e)(1)) that failure to cooperate with a debt collector will result in— a reduction in rank of the covered member; a revocation of the covered member’s security clearance; or prosecution under chapter 47 of title 10, United States Code (the Uniform Code of Military Justice). . The Comptroller General of the United States shall conduct a study and submit a report to Congress on the impact of this section on— the timely delivery of information to a covered member (as defined in section 805(e) of the Fair Debt Collection Practices Act, as added by this section); military readiness; and national security, including the extent to which covered members with security clearances would be impacted by uncollected debt. The budgetary effects of this section, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled Budgetary Effects of PAYGO Legislation for this section, submitted for printing in the Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage.
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources