Statement of Policy Regarding Communications in Connection with Collection of a Decedent’s Debt, Project No. P104806 #00143 

Submission Number:
00143 
Commenter:
Christopher DiBona
Organization:
Speaking for Myself
State:
California
Initiative Name:
Statement of Policy Regarding Communications in Connection with Collection of a Decedent’s Debt, Project No. P104806

I would ask that the commission modify the statement of policy to read that it will continue and in fact improve enforcement against those who would violate 805(b) of the Fair Debt Collection Practices Act. The inhuman treatment of the relatives of those who have passed on by the debt industry impacted my family personally upon the death of my sister at 35, who died leaving a small amount of credit card and some student loans behind. While a few loans which had be co-signed by my parents were paid off promptly by them, the remaining led to about 12 months of calls from the various creditors telling them they were "morally responsible" for her debt. It took some strong words from my mother to a half dozen creditors before they backed off and stopped tormenting my parents over the death of their daughter. This is not an industry that needs less oversight and more rope. They are not suffering for being unable to collect legitimate debts from the estates of those who have passed on. The interest rates charged by the industry are specifically designed to accommodate the additional potential risk posed by the death of those that they grant loans to. Thank you for considering my request. Christopher James DiBona