15 U.S.C. § 1692h — Multiple debts

submitted 49 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 50 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses Multiple debts. It sets out the definitions, duties, permissions, limits, or procedures stated in the section.

If any consumer owes multiple debts and makes any single payment to any debt collector about such debts, such debt collector cannot apply such payment to any debt which is disputed by the consumer and, where applicable, must apply such payment under the consumer’s directions.

the actual law source: uscode.house.gov ↗public domain

If any consumer owes multiple debts and makes any single payment to any debt collector with respect to such debts, such debt collector may not apply such payment to any debt which is disputed by the consumer and, where applicable, shall apply such payment in accordance with the consumer’s directions.

Source credit: (Pub. L. 90–321, title VIII, § 810, as added Pub. L. 95–109, Sept. 20, 1977, 91 Stat. 880.)

history & why it existsrecord from the source credit

1977Enacted · Pub. L. 90-321 · 91 Stat. 880

A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1977-09-20.

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