New York City Amends Debt Collection Regulations To Include Language Proficiency Requirements

  • Written by Steel Rose

New debt collection rules creating requirements relating to consumers’ language proficiency are set to take effect in New York City on June 27, 2020.  The new rules amend NYC’s existing debt collection regulations applicable to creditors collecting their own debts as well as third-party collection agencies.  Accordingly, the new rules appear to have implications for creditors and debt collectors alike with respect to any collection activities involving NYC consumers.

Specifically, the new rules require “debt collectors” (defined to include both creditors and collection agencies) to request, record, and retain, to the extent reasonably possible, a record of the language preference of each consumer from whom the debt collector attempts to collect a debt. To read more, click here.

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