Comprehensive Debt Collection Improvement Act

The Comprehensive Debt Collection Improvement Act (HR 10509) makes significant changes to debt collection practices to protect consumers. It prohibits debt collectors from reporting medical debt related to medically necessary procedures on credit reports and requires a 365-day waiting period before reporting most medical debt. The bill also protects military members from debt collectors threatening rank reduction, security clearance revocation, or military prosecution. Additionally, it requires private education loan holders to discharge debts upon notification of borrower's death or total permanent disability, and limits debt collectors' ability to send excessive electronic communications.