H515

North Carolina Economic Abuse Prevention Act establishes procedures for handling debts incurred through coercion, intimidation, or fraud by domestic.

The North Carolina Economic Abuse Prevention Act aims to protect survivors of domestic violence from financial exploitation. It requires claimants to halt debt collection upon receiving adequate documentation and a sworn written certification from the debtor that the debt is coerced. The act allows debtors to file cross-complaints if collection activities continue after 30 days or if they receive notice that the debt is not considered coerced.