Relating to unfair or unconscionable debt collection practices

HB 4651 amends West Virginia law to change how debt collectors can charge interest or fees. It allows collectors to seek these charges if authorized by either the original debt agreement *or* state law (instead of requiring both), directly affecting debt collectors and consumers. Key provisions include capping collection fees for educational loans at 33.3% of the debt and requiring clear written disclosures when debts are past the statute of limitations. The bill also prohibits specific practices like collecting fees without proper authorization or contacting consumers after bankruptcy without legal basis.