Bill Payment Grace Period Act of 2001 - Amends the Fair Debt Collection Practices Act to prohibit creditors from taking action that is adverse to the interests of a consumer with respect to certain payments that are due in or shortly after the period of a disruption of the mail resulting from a national emergency.
Authorizes the Secretary of the Treasury to designate (and extend up to seven additional days) a grace period for the making of debt payments by mail in such circumstances.
Actions
Mar 18, 2002
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 7, 2002
Referred to the House Committee on Financial Services.