HB 67: Credit Counseling Services
GENERAL BILL by Porter; (CO-INTRODUCER) Costello
Credit Counseling Services; Requires that debt management & credit counseling services be provided pursuant to debt settlement plan; requires credit counseling agency to make certain disclosures to debtor before debtor consents to payment; prohibits credit counseling agency from making certain misrepresentations to debtor; provides certain conditions that credit counseling agency must meet before receiving payment; provides that debtor may withdraw any account funds placed with credit counseling agency at any time without penalty; authorizes credit counseling agency to hold funds in order to allow funds to accumulate.
Last Action: 03/09/2012 Died in Business and Consumer Affairs Subcommittee
Effective Date: October 1, 2012
Bill History
| Date | Chamber | Action |
|---|---|---|
| 08/03/2011 | House | • Filed |
| 09/15/2011 | House | • Referred to Business and Consumer Affairs Subcommittee; Economic Affairs Committee -HJ 12 |
| 01/10/2012 | House | • Introduced -HJ 12 |
| 03/09/2012 | House | • Died in Business and Consumer Affairs Subcommittee |
