Illinois General Assembly - Full Text of HB2070
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Full Text of HB2070  95th General Assembly


Sen. Emil Jones Jr.

Filed: 10/3/2007





09500HB2070sam001 LRB095 01546 MJR 39761 a


2     AMENDMENT NO. ______. Amend House Bill 2070 by replacing
3 everything after the enacting clause with the following:
4     "Section 5. The Collection Agency Act is amended by
5 changing Section 3 as follows:
6     (225 ILCS 425/3)  (from Ch. 111, par. 2006)
7     (Section scheduled to be repealed on January 1, 2016)
8     Sec. 3. A person, association, partnership, corporation,
9 or other legal entity acts as a collection agency when he or
10 it:
11         (a) Engages in the the business of collection for
12     others of any account, bill or other indebtedness;
13         (b) Receives, by assignment or otherwise, accounts,
14     bills, or other indebtedness from any person owning or
15     controlling 20% or more of the business receiving the
16     assignment, with the purpose of collecting monies due on



09500HB2070sam001 - 2 - LRB095 01546 MJR 39761 a

1     such account, bill or other indebtedness;
2         (c) Sells or attempts to sell, or gives away or
3     attempts to give away to any other person, other than one
4     registered under this Act, any system of collection,
5     letters, demand forms, or other printed matter where the
6     name of any person, other than that of the creditor,
7     appears in such a manner as to indicate, directly or
8     indirectly, that a request or demand is being made by any
9     person other than the creditor for the payment of the sum
10     or sums due or asserted to be due;
11         (d) Buys accounts, bills or other indebtedness and
12     engages in collecting the same; or
13         (e) Uses a fictitious name in collecting its own
14     accounts, bills, or debts with the intention of conveying
15     to the debtor that a third party has been employed to make
16     such collection.
17 (Source: P.A. 94-414, eff. 12-31-05; 95-437, eff. 1-1-08.)".