S 6300: Relates to the expiration of right to collect consumer credit debt; includes any attempts made by the creditor, third-party purchaser or other authorized third party to collect such debt.

  
  STATE OF NEW YORK ________________________________________________________________________ 6300 2025-2026 Regular Sessions  IN SENATE March 10, 2025 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the civil practice law and rules, in relation to the expiration of right to collect consumer credit debt The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The civil practice law and rules is amended by adding a new 2 section 214-k to read as follows: 3 § 214-k. Expiration of right to collect consumer credit debt. When 4 the time for an action arising out of a consumer credit transaction 5 where a purchaser, borrower or debtor is a defendant has expired the 6 right to collect consumer credit debt is extinguished as well as the 7 remedy. For purposes of this section, "the right to collect consumer 8 credit debt" shall mean any attempts by the creditor, third party 9 purchaser, or other authorized third party to collect such debt includ- 10 ing, but not limited to, calls, mail or other attempts to collect. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10389-01-5