AB 2420 (Jones). Debt Collection: Attorneys: Exemption.

Would exempt “law firms” from the definition of a “debt collector” subject to the requirements and regulations of the California Rosenthal Fair Debt Collection Practices Act.

Current Status: Dead

FindHOALaw Quick Summary:

The “Rosenthal Fair Debt Collection Practices Act” (the “Act”) defines and regulates the activities of “debt collectors.” The Act, at currently exempts “an attorney or counselor at law” from the definition of a “debt collector.” (Civ. Code § 1188.2(b).)

AB 2420 (Jones) would amend this exemption so that it also exempts a “law firm” from the definition of a “debt collector.” A “law firm” would be defined as “two or more attorneys whose activities constitute the practice of law and who share in the profits, expenses and liabilities of the firm or a law corporation which employs more than one lawyer.”

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View more info on AB 2420
from the California Legislature's website