The purpose of this Act is to protect consumers who enter into agreements with debt management service providers and to regulate debt management service providers. This Act shall be construed as a consumer protection law for all purposes. This Act shall be liberally construed to effectuate its purpose.
205 ILCS 665/1.5
Purpose and construction
Known as the Debt Management Service Act
The act spans §§ 205-665-1 to 205-665-9 (32 sections).
P.A. 96-1420, eff. 8-3-10.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.