The bill, known as the "Providing Civil Relief from Coerced Debt Act," aims to offer protections and remedies for victims of coerced debt resulting from domestic violence. It defines "coerced debt" as any debt incurred through actions such as identity theft, fraud, or economic abuse, and establishes a framework for debtors to dispute such debts. The act mandates that creditors must cease collection efforts and notify credit reporting agencies upon receiving a debtor's statement of coerced debt, along with adequate documentation. It also outlines the responsibilities of creditors in terms of communication and documentation requirements, ensuring that debtors are informed of their rights and the necessary steps to contest coerced debts.

Additionally, the bill stipulates that debtors are not liable for coerced debts and can raise this as a defense in any legal proceedings. It places the burden of proof on creditors who believe a debt is not coerced, requiring them to seek a court order to challenge the debtor's claim. The act also holds perpetrators of coerced debt civilly liable for any costs incurred by the debtor due to the coerced debt. Furthermore, it includes provisions to protect the privacy of debtors during court proceedings and establishes penalties for creditors who fail to comply with the act's requirements.