Bill Introduced to Prohibit Time-Barred Collection Lawsuits
Account Recovery
APRIL 15, 2025
A bill has been reintroduced in the House of Representatives that would prohibit lawsuits filed to collect debts for which the statute of limitations has expired, while also placing additional conditions on time-barred debts that are sold. The Fair Debt Collection Improvement Act, H.R. 2704, was introduced again by Rep. Steve Cohen [D-Tenn.]. The bill seeks to amend the Fair Debt Collection Practices Act.
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