Collection agency regulation-debt buyers.

HB 284 amends Wyoming law to classify debt buyers as collection agencies, bringing them under existing regulatory requirements. It defines "debt buyer" as any person regularly purchasing charged-off consumer debt for collection (whether collecting directly, hiring third parties, or using attorneys). This means debt buyers operating in Wyoming must now comply with the same rules as traditional collection agencies when collecting debts from consumers. The law applies to all debt buyers conducting business in the state, effective July 1, 2023.