Maryland HB1471 regulates debt collection activities related to identity theft debt.

Maryland HB1471 adds provisions to the Commercial Law concerning identity theft debt. It mandates creditors to cease collection activities, terminate agreements with debt collectors, and notify consumer reporting agencies when a debt is identified as identity theft debt. The bill also outlines procedures for investigating such claims, including a 30-day period for creditors to investigate and respond to consumers. It allows consumers to file civil actions if they believe their debt is due to identity theft and provides for jury trials in such cases.

Maryland HB1471 regulates debt collection activities related to identity theft debt.

Maryland HB1471 adds provisions to the Commercial Law concerning identity theft debt. It mandates creditors to cease collection activities, terminate agreements with debt collectors, and notify consumer reporting agencies when a debt is identified as identity theft debt. The bill also outlines procedures for investigating such claims, including a 30-day period for creditors to investigate and respond to consumers. It allows consumers to file civil actions if they believe their debt is due to identity theft and provides for jury trials in such cases.