HB 1433: Credit Counseling Services
GENERAL BILL by Porter
Credit Counseling Services; Requires that debt management & credit counseling services be provided pursuant to debt management or debt settlement plan; requires credit counseling agency to make certain disclosures to debtor before debtor consents to payment; prohibits agency from making certain misrepresentations to debtor; provides certain conditions that agency must meet before receiving payment; provides that debtor may withdraw any account funds placed with agency at any time without penalty; authorizes agency to hold funds in order to allow funds to accumulate.
Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/9/2011 | House |
• Filed • Introduced -HJ 184 |
| 3/18/2011 | House |
• Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 258 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Insurance and Banking Subcommittee |
