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debt management plan services

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 501 — for purposes of this title

The term “debt management plan services” means services related to the repayment, consolidation, or restructuring of a consumer's debt, and includes the negotiation with creditors of lower interest rates, the waiver or reduction of fees, and the marketing and processing of debt management plans.