Provides relief from liability of coerced debt for aggrieved person; assigns liability to pay debt to perpetrator of coerced debt.

This bill creates legal protections for people who have been forced into debt through coercion, fraud, or economic abuse by shifting financial responsibility to the person who caused the debt. It allows victims to go to court to have the debt removed from their name and prevents creditors, collection agencies, and credit bureaus from pursuing collection or using the debt in credit scoring. If a court finds someone responsible for coerced debt, they must pay the debt and reimburse the victim for any financial losses, while creditors are barred from collecting from the victim but may still pursue the perpetrator. The law also requires agencies to remove references to the coerced debt from files within 10 days after receiving a court order and imposes penalties on those who violate the act.