New York S06300 establishes the expiration of the right to collect consumer credit debt, including attempts by creditors or third parties to collect.

New York S06300 amends the civil practice law and rules to add a new section 214-k, which addresses the expiration of the right to collect consumer credit debt. This includes any attempts by the creditor, third-party purchaser, or other authorized third party to collect such debt. The right to collect consumer credit debt is extinguished when the time for an action arising out of a consumer credit transaction has expired.

New York S06300 establishes the expiration of the right to collect consumer credit debt, including attempts by creditors or third parties to collect.

New York S06300 amends the civil practice law and rules to add a new section 214-k, which addresses the expiration of the right to collect consumer credit debt. This includes any attempts by the creditor, third-party purchaser, or other authorized third party to collect such debt. The right to collect consumer credit debt is extinguished when the time for an action arising out of a consumer credit transaction has expired.