HB4079 - Tennessee: Courts, Credit, Consumer

Companion Bill SB4016. Credit, Consumer - Requires court clerks to provide information concerning impact of property settlements on credit card accounts and requires credit reporting agencies to note division of property on credit report. - Amends TCA Title 36, Chapter 4 and Title 47, Chapter 22. Fiscal Summary for HB4079 / *SB4016 Increase Local Expenditures* - Exceeds $50,000/One-Time Bill Summary for HB4079 / *SB4016 This bill requires clerks of court with divorce jurisdiction to make available to parties to a divorce general information regarding the potential legal consequences of divorce on credit card accounts held jointly by the parties and credit card accounts where one party is an authorized user of an account held by the other party. Under this bill, after a court has determined or approved a property settlement agreement [...]

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