This bill establishes specific prohibited practices for creditors in New Jersey when collecting debts incurred primarily for personal, family, or household purposes. It defines unfair, deceptive, or unreasonable collection practices, which include communicating or threatening to communicate about a debt to unauthorized individuals, harassing or embarrassing the debtor through unreasonable communication methods, and using forms that mimic judicial processes. Additional prohibited actions include simulating law enforcement or government agency representation, failing to clearly identify the creditor in written communications, and attempting to connect with debtors through social media for collection purposes.

Violations of this act will result in civil penalties of $2,500 for the first offense and $5,000 for subsequent offenses, which can be enforced through a summary proceeding. Furthermore, individuals harmed by such violations are granted the right to pursue damages in Superior Court. The bill aims to protect consumers from aggressive and misleading debt collection practices while providing a framework for accountability among creditors.