Debt collection.

Authors: Senator Patricia Miller, Senator James Buck

Co-authors: Senator Greg Taylor

Sponsors: Representative David Frizzell


Amends the statute concerning deceptive consumer sales as follows: (1) Defines the term "debt buyer". (2) Specifies that a debt buyer is a debt collector for purposes of the statute. (3) Requires a debt collector to make certain disclosures to an Indiana debtor. (4) Provides that the failure to make the required disclosures constitutes a deceptive act under the statute. (5) Specifies that the attorney general's authority to recover a civil penalty not exceeding $1,000 for knowing violations of the provisions concerning debt collection practices applies to each violation of the provisions per consumer, subject to a cap of $25,000 in total civil penalties that may be imposed for each violation.