§ 704. Permissible procedures by creditor. Notwithstanding the receipt\nby a creditor of a notice from a consumer as described in section seven\nhundred three of this act, a creditor may, subject to the provisions of\nsection seven hundred seven of this act, transmit statements of account\nto the consumer which include an amount believed by the consumer to be a\nbilling error, and the creditor, further, may undertake collection\nprocedures not attributable to such consumer's failure to pay, nor\ndirected at, such disputed amount.\n
N.Y. Gen. Bus. Law § 704
Permissible procedures by creditor
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.