Deceptive practices: debt settlement
Amends the California Consumer Legal Remedies Act to improve regulation of and enforcement against unfair and deceptive actors in the debt settlement industry. Consumers in California all too frequently fall victim to the unrealistic and impossible promises offered in the online, direct mail, and radio advertisements of unlicensed debt settlement companies that target people at their most vulnerable. In a time of widespread unemployment and financial hardship, Californians desperately need protection from predatory companies promising imaginary "debt relief". AB 2443 provides a remedy.