Task Force to Combat Coerced Debt and Protect Abuse Survivors.
This law establishes an interagency task force dedicated to fighting "coerced debt"—debt incurred by abusers in the victim's name, often destroying their credit and financial stability. The Task Force will define this problem, assess its scope, and recommend specific legislative and regulatory changes to protect survivors of domestic violence. This aims to improve the financial security of victims.
Key points
Creation of a specialized government task force to address debt incurred through coercion or fraud against domestic violence survivors.
The Task Force must define "coerced debt" and propose new laws to shield victims from financial ruin and damaged credit history.
Financial agencies, law enforcement, and advocacy groups will collaborate to ensure a coordinated response and training for institutions.
Expired
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