Urges State Supreme Court to amend Court Rules to increase transparency in consumer debt litigation filings and procedures.

This Assembly Resolution (AR 187) urges New Jersey’s State Supreme Court to amend court rules to increase transparency in consumer debt collection lawsuits. It specifically recommends requiring creditors to provide itemized debt details - including the original creditor, debt assignment history, and breakdown of principal, interest, fees, and costs - to help low-income debtors understand and challenge claims. The resolution references a 2024 National Center for Access to Justice report that found New Jersey ranks 12th nationally in procedural fairness for debt cases, highlighting gaps in creditor transparency. The proposed rule changes would apply to all consumer debt litigation filings and procedures under the court’s authority.