Debt Settlement Consumer Protection Act
Illinois · Professions, Occupations, and Business Operations · §§ 225-429-1 to 225-429-999 · 39 sections
Sections covered
- 225 ILCS 429/1Short title
- 225 ILCS 429/10Definitions
- 225 ILCS 429/100Moneys received; Financial Institution Fund
- 225 ILCS 429/103Debt Settlement Consumer Protection Fund
- 225 ILCS 429/105Advertising and marketing practices
- 225 ILCS 429/110Individualized financial analysis
- 225 ILCS 429/115Required pre-sale consumer disclosures and warnings
- 225 ILCS 429/120Debt settlement contract
- 225 ILCS 429/125Fees
- 225 ILCS 429/130Consumer settlement accounts and monthly accounting
- 225 ILCS 429/135Cancellation of contract and right to fee and settlement fund refunds
- 225 ILCS 429/140Obligation of good faith
- 225 ILCS 429/145Prohibited practices
- 225 ILCS 429/15Requirement of license
- 225 ILCS 429/150Noncompliance with the Act
- 225 ILCS 429/155Civil remedies
- 225 ILCS 429/20Application for license
- 225 ILCS 429/25Qualifications for license
- 225 ILCS 429/30Renewal of license
- 225 ILCS 429/33Annual report; debt settlement provider disclosure of statistical information; Secretary to report statistical information
- 225 ILCS 429/35License; display and location of license
- 225 ILCS 429/45Denial of license
- 225 ILCS 429/5Purpose and construction
- 225 ILCS 429/50Revocation or suspension of license
- 225 ILCS 429/55Contracts, books, records, and contract cancellation
- 225 ILCS 429/60Examination of debt settlement provider; duty to disclose a post-license event
- 225 ILCS 429/65Trust funds; requirements and restrictions
- 225 ILCS 429/75Rules
- 225 ILCS 429/80Penalties
- 225 ILCS 429/83Additional liability for unlicensed activity
- 225 ILCS 429/85Injunction
- 225 ILCS 429/90Review
- 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 429/915The Debt Management Service Act is amended by repealing Sections 13.5, 15.1, 15.2, and 15.3
- 225 ILCS 429/95Cease and desist orders
- 225 ILCS 429/970Severability
- 225 ILCS 429/999Effective date
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