The proposed bill establishes the "Uniform Consumer Debt Default Judgments Act," which aims to standardize the process for obtaining default judgments in actions related to consumer debt. It introduces a series of definitions pertinent to consumer debt, creditors, and debt purchasers, and outlines the scope of the chapter, specifying that it applies to both unsecured and secured consumer debts under certain conditions. The bill mandates specific requirements for complaints filed in such actions, including detailed information about the consumer, the debt, and the creditor, as well as a notice to consumers warning them of the potential consequences of a default judgment.

Additionally, the bill includes provisions that require compliance with its stipulations for a default judgment to be granted, and it voids any waivers by consumers of these requirements. It emphasizes the importance of consumer notice, detailing the information that must be provided to consumers regarding the implications of a default judgment. The bill also amends existing law regarding collection agencies, ensuring that they must prove their licensing status when pursuing claims. Overall, the legislation seeks to enhance consumer protection and ensure transparency in the debt collection process.

Statutes affected:
Original Bill: 19.16.260