A person shall not cause another person to incur a coerced debt. 1. A person who causes another person to incur a coerced debt in violation of this section shall be civilly liable to the creditor and/or the debtor in whose name such coerced debt was incurred if such debtor has already paid all or part of such coerced debt, for the amount of such debt, or portion thereof, including for any deficiency after the foreclosure, repossession or surrender and disposition of the subject collateral of a secured debt, determined by the court to be a coerced debt, as well as such creditor's and/or debtor's costs and attorneys' fees reasonably incurred in bringing the action.

1. 2. An action under this section shall be commenced within three years of the later of: (a) the creditor's determination that all or part of such debt is coerced debt; or (b) a court's determination that all or part of such debt is coerced debt.