1. The Laws of New York
  2. Consolidated Laws
  3. General Business
  4. Article 34: Creditor Billing Errors


Section 704 Permissible procedures by creditor

General Business (GBS)

Notwithstanding the receipt by a creditor of a notice from a consumer as described in section seven hundred three of this act, a creditor may, subject to the provisions of section seven hundred seven of this act, transmit statements of account to the consumer which include an amount believed by the consumer to be a billing error, and the creditor, further, may undertake collection procedures not attributable to such consumer's failure to pay, nor directed at, such disputed amount.