Texas HB4238 regulates the collection of consumer debt incurred by victims of identity theft.

Texas HB4238 amends the Finance Code to address the collection of consumer debt resulting from identity theft. It prohibits creditors, debt collectors, and third-party debt collectors from attempting to collect such debts if the consumer provides evidence of identity theft. This evidence includes a criminal complaint, a court order, or a Federal Trade Commission identity theft victim's report. If a creditor suspects a material misrepresentation regarding identity theft, they may file suit to collect the debt.

Texas HB4238 regulates the collection of consumer debt incurred by victims of identity theft.

Texas HB4238 amends the Finance Code to address the collection of consumer debt resulting from identity theft. It prohibits creditors, debt collectors, and third-party debt collectors from attempting to collect such debts if the consumer provides evidence of identity theft. This evidence includes a criminal complaint, a court order, or a Federal Trade Commission identity theft victim's report. If a creditor suspects a material misrepresentation regarding identity theft, they may file suit to collect the debt.