The Comprehensive Debt Collection Improvement Act includes various titles aimed at enhancing fairness and protection in debt collection. Each title addresses specific areas such as small business lending, protections for servicemembers and individuals with disabilities, consumer protection for medical debt, prevention of harassment, and harmonization of debt collection practices with detailed provisions for implementation and enforcement.

The section gives the official name for this part of the bill as the “Small Business Lending Fairness Act.”

The section amends the Truth in Lending Act to prohibit unfair credit practices, specifically barring the use of certain clauses like confessions of judgment, which waive a person's right to notice and a hearing. Additionally, it clarifies that the term "creditor" refers to anyone responsible for compliance who is not the borrower.

In this section, it states that no person can take or enforce certain types of legal agreements, like a confession of judgment or waiver of notice, when extending credit or creating debt in commerce. Additionally, this section mentions that exemptions from another section of the law do not apply here.

The section amends the Truth in Lending Act to define "debt" as any money owed by one person to another, including situations where there is a legal right to enforce payment, whether the obligation is certain or uncertain, judged or not, and regardless of its status as secured or unsecured.

The section 201 of the bill states that this part of the law can be referred to as the "Fair Debt Collection Practices for Servicemembers Act".

The section enhances protections for servicemembers by prohibiting debt collectors from threatening actions such as reducing rank, revoking security clearance, or prosecuting under military law when collecting debts from a servicemember and their dependents. It extends these protections for up to a year after the servicemember leaves duty and classifies making these threats as an unfair practice.

The Comptroller General of the United States is tasked with studying how debt collection affects military members, focusing on unfair practices, impacts on military readiness, and security clearance concerns. A report with findings and recommendations must be delivered to Congress within one year.

The section titled "SEC. 301" refers to this part of the law as the "Private Loan Disability Discharge Act of 2024".

The section amends the Truth in Lending Act to ensure that if a student who has taken a private education loan dies or becomes totally and permanently disabled, their debt will be discharged, meaning they or their cosigner won't have to pay it back. It also specifies that lenders can't track the disability status of individuals after the debt is cleared.

This section is the "short title" of the act, which states that this part of the legal document can be referred to as the "Consumer Protection for Medical Debt Collections Act."

The text provides amendments to the Fair Debt Collection Practices Act, specifically defining "medical debt" as debt from medical services, products, or devices. It also prohibits collection activities on such medical debt within the first two years after the initial payment is due.

The section amends the Fair Credit Reporting Act to define "medical debt" and "medically necessary procedure." It prohibits consumer reporting agencies from including debts related to medically necessary procedures and medical debts younger than 365 days in their reports.

The section outlines rules for reporting medical debt to credit agencies, requiring that notice be given to consumers about their medical debt before it can be reported. It specifies that medical debts from necessary procedures should not be reported, and for other debts, they can only be reported after 365 days unless settled, allowing time for potential financial assistance or insurance coverage.

The section states that this part of the bill can be referred to as the "Ending Debt Collection Harassment Act of 2024".

The bill section provides new consumer protections regarding debt collection practices. It mandates more detailed reporting on consumer complaints and enforcement actions, restricts unlimited electronic communications from debt collectors without consent, ensures consumers are informed about their rights, and allows them to opt out of various communication methods.

The short title of this section is the “Stop Debt Collection Abuse Act of 2024.”

The section amends the definitions related to debt collection in the Fair Debt Collection Practices Act, making changes such as broadening the definition of "debt" to include various financial obligations and clarifying who qualifies as a "debt collector," excluding some cases like certain fiduciary duties and loans originally given by the collector.

The section amends the Fair Debt Collection Practices Act by adding rules for federal agencies hiring debt collectors. It establishes that agencies cannot transfer a debt to collectors until 90 days after it becomes overdue and must notify the consumer at least three times, with each notification separated by at least 30 days, before doing so.

The section outlines the rules for federal agencies when hiring debt collectors to collect debts. It requires that a debt cannot be transferred to a debt collector until it is at least 90 days delinquent, and the agency must notify the debtor at least three times before doing so, with a 30-day interval between the second and third notifications.

The section updates the Fair Debt Collection Practices Act to ensure that any additional fees or charges collected by debt collectors are explicitly allowed by the debt agreement or law. It mandates these fees to be reasonable, government-authorized, and not exceed 10% of the amount collected.

The section mandates that the U.S. Comptroller General conduct a study on how government agencies use debt collectors, examining their powers, fees, consumer protections, revenue sharing, oversight, and practices. The findings must be reported to Congress within a year, including how these practices differ across states and impact different demographics.

The section introduces the Debt Collection Practices Harmonization Act, which is a name that can be used to refer to this part of the bill.

The section amends the Fair Debt Collection Practices Act to adjust the amount of damages that can be awarded for violations by debt collectors. It includes changes to how damages are calculated based on inflation, allowing for annual adjustments, and allows courts to issue injunctions, which are court orders to stop certain actions, against those who violate the law.

The proposed amendment to Chapter 3 of title 31 of the United States Code would prevent the Secretary of the Treasury from hiring debt collectors to recover overpaid disaster relief assistance given to individuals by FEMA, unless the overpayment resulted from fraud or deceit that the recipient was aware of or should have been aware of.

The section prohibits the Secretary of the Treasury from hiring debt collectors to recover overpayments of emergency assistance given by FEMA, unless the overpayment was due to fraud or deceit that the recipient knew or should have known about.

The section is titled as the “Non-Judicial Foreclosure Debt Collection Clarification Act”.

The bill changes a part of the Fair Debt Collection Practices Act by removing certain wording that previously defined some businesses as debt collectors when their main role was to enforce security interests using interstate commerce or mail.

Most parts of this Act, along with its amendments, will become effective 180 days after the Act is officially enacted, unless stated otherwise in the Act itself.