New York § 704 Permissible procedures by creditor

New York Statutes

§ 704 — Permissible procedures by creditor

New York § 704

Law GBSGeneral Business

Art. 34Creditor Billing Errors

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Bluebook

N.Y. General Business § 704 (2026).

Text

  § 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

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§ 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