Act

Debt Settlement Consumer Protection Act

225 ILCS 429/1— Short title
225 ILCS 429/5— Purpose and construction
225 ILCS 429/10— Definitions
225 ILCS 429/15— Requirement of license
225 ILCS 429/20— Application for license
225 ILCS 429/25— Qualifications for license
225 ILCS 429/30— Renewal of license
225 ILCS 429/33— Annual report; debt settlement provider disclosure of statistical information; Secretary to report statistical information
225 ILCS 429/35— License; display and location of license
225 ILCS 429/45— Denial of license
225 ILCS 429/50— Revocation or suspension of license
225 ILCS 429/55— Contracts, books, records, and contract cancellation
225 ILCS 429/60— Examination of debt settlement provider; duty to disclose a post-license event
225 ILCS 429/65— Trust funds; requirements and restrictions
225 ILCS 429/75— Rules
225 ILCS 429/80— Penalties
225 ILCS 429/83— Additional liability for unlicensed activity
225 ILCS 429/85— Injunction
225 ILCS 429/90— Review
225 ILCS 429/95— Cease and desist orders
225 ILCS 429/100— Moneys received; Financial Institution Fund
225 ILCS 429/103— Debt Settlement Consumer Protection Fund
225 ILCS 429/105— Advertising and marketing practices
225 ILCS 429/110— Individualized financial analysis
225 ILCS 429/115— Required pre-sale consumer disclosures and warnings
225 ILCS 429/120— Debt settlement contract
225 ILCS 429/125— Fees
225 ILCS 429/130— Consumer settlement accounts and monthly accounting
225 ILCS 429/135— Cancellation of contract and right to fee and settlement fund refunds
225 ILCS 429/140— Obligation of good faith
225 ILCS 429/145— Prohibited practices
225 ILCS 429/150— Noncompliance with the Act
225 ILCS 429/155— Civil remedies
225 ILCS 429/900— (Amendatory provisions; text omitted)
225 ILCS 429/905— (Amendatory provisions; text omitted)
225 ILCS 429/910— (Amendatory provisions; text omitted)
225 ILCS 429/915— The Debt Management Service Act is amended by repealing Sections 13.5, 15.1, 15.2, and 15.3
225 ILCS 429/970— Severability
225 ILCS 429/999— Effective date