Vermont H0385 establishes protections and remedies for victims of coerced debt, prohibiting creditors from collecting such debts and requiring.

Vermont H0385 introduces measures to protect individuals from coerced debt, which is debt incurred without the debtor's consent through abuse, force, or other coercive means. The bill defines "coerced debt" as debt resulting from unauthorized use of personal information, force, intimidation, or economic abuse. Creditors are mandated to cease collection efforts, refrain from legal action, and return any collected funds upon receiving a debtor's statement of coerced debt and adequate documentation.

Vermont H0385 establishes protections and remedies for victims of coerced debt, prohibiting creditors from collecting such debts and requiring.

Vermont H0385 introduces measures to protect individuals from coerced debt, which is debt incurred without the debtor's consent through abuse, force, or other coercive means. The bill defines "coerced debt" as debt resulting from unauthorized use of personal information, force, intimidation, or economic abuse. Creditors are mandated to cease collection efforts, refrain from legal action, and return any collected funds upon receiving a debtor's statement of coerced debt and adequate documentation.