INCREASE PENALTIES FOR DEBT ADJUSTING.

Printer-friendly: Click to view
View NCGA Bill Details2017-2018 Session
House Bill 274 (Public) Filed Tuesday, March 7, 2017
AN ACT TO FURTHER PROTECT CONSUMERS BY INCREASING THE PENALTIES FOR DEBT ADJUSTING.
Intro. by Stevens.

Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Apr 27 2017)
H 274

Bill Summaries:

  • Summary date: Mar 7 2017 - View Summary

    Amends GS 14­424. Changes the crime of debt adjusting from a Class 2 misdemeanor to a Class 1 misdemeanor, and establishes a Class H felony for the crime of debt adjusting if the business or practice involves an aggregate payment of money or property by one or more debtors valued at $5,000 or more, or the business or practice involves five or more debtors.

    Effective December 1, 2017, and applies to offenses committed on or after that date.