PocketLaw | Indiana Code | Debt Management Companies

License Required; Persons Operating in Indiana; Evidence of Compliance; Fees; Violations; Renewal; Tax Warrant List

Section
28-1-29-3.1

Change in Control of Licensee; Application to Department; Time Frame for Department's Decision; Conditions for Approval; Duty of Licensee to Report Transfer of Securities; Director's Discretion to Require New License

Section
28-1-29-4

Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Relinquishment of License; Existing Contracts; Emergency Order for Revocation

Section
28-1-29-4.1

Failure to File Renewal Application or Pay Renewal Fee; Revocation or Suspension of License

Section
28-1-29-4.5

Collection Agencies or Process Servers; Licenses; Restriction

Section
28-1-29-4.6

Repealed

Section
28-1-29-5

License Application; Findings by the Department; Felonies; Financial Statements; Denial; Hearing

Section
28-1-29-5.5

Use of Nmlsr in Department's Licensing System; Reporting of Information to Nmlsr; Confidentiality; Director's Authority to Enter Agreements; Waiver of Privilege; Processing Fee; Electronic Records

Section
28-1-29-6

Budget Analysis and Plan; Written Statement to Debtor; Creditor's Reduction of Amount Owed; Disclosure of Tax Implications

Section
28-1-29-8

Agreement Between Licensee and Debtor; Contents; Delivery of Electronic Record; Debtor's Right to Terminate; Creditor's Decision to Reject or Withdraw From Plan; Notice to Creditors; Payments; Budget Analysis; Term of Agreement; Carrying on Other Business; Toll Free Communication System; Good Faith

Section
28-1-29-8.3

Fees and Charges; Plan, Written Agreement, and Payment to Creditor Required; Set Up Fee; Monthly Service Fee; Close-Out Fee; Department Approval for Additional Charges; Returned Payment Charge; Fees Not Considered Debt

Section
28-1-29-8.6

Repealed

Section
28-1-29-8.8

Debtor's Failure to Make Payment; Cancellation of Agreement; Letter of Continuation; Return of Money to Contract Debtor

Section
28-1-29-9

Trust Account; Separate Account for Indiana Contract Debtors Required; Commingling With Funds of Nonresidents With Approval of Director; Requirements and Restrictions; Required Balance; Reconciliation Procedures; Embezzlement; Relocating Account; Signatories; Monthly Accountings; Completion or Termination of Contract

Section
28-1-29-9.5

Prohibited Acts; Unauthorized Practice of Law; Compensation Prohibited

Section
28-1-29-9.7

Advertising

Section
28-1-29-10

Repealed

Section
28-1-29-10.5

Record Keeping and Retention; Examinations and Investigations; Payment of Costs; Court Order Compelling Compliance; Confidentiality; Department's Investigatory and Enforcement Authority; Cooperative Regulatory Agreements; Examination of Vendors

Section
28-1-29-11

Impounding Books, Records, and Accounts

Section
28-1-29-12

Repealed

Section
28-1-29-13

Enforcement by the Department; Civil Penalties; Department's Recovery of Costs; Factors for Determining Amount of Civil Penalty; Violation a Class a Misdemeanor

Section
28-1-29-14

Review of Department Decisions; Applicability of Laws Governing Administrative Orders and Procedures; Venue

Section
28-1-29-15

Providing Materials and Agreements Electronically; Consumer's Consent Required; Disclosures Through Internet Web Site; Debtor's Right to Request Written Copy

Section
28-1-29-16

Disclosures and Documents to Be in English; Translation Required if Another Language Used

Section
28-1-29-17

Soliciting or Accepting Contributions From Debtors Prohibited

Section
28-1-29-18

Debt Management Companies

Checkout our iOS App for a better way to browser and research.

Inapplicability; Attorneys; Depository Financial Institutions; Third-Party Bill Paying Services

Definitions

Administration of Chapter

License Required; Persons Operating in Indiana; Evidence of Compliance; Fees; Violations; Renewal; Tax Warrant List

Change in Control of Licensee; Application to Department; Time Frame for Department's Decision; Conditions for Approval; Duty of Licensee to Report Transfer of Securities; Director's Discretion to Require New License

Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Relinquishment of License; Existing Contracts; Emergency Order for Revocation

Failure to File Renewal Application or Pay Renewal Fee; Revocation or Suspension of License

Collection Agencies or Process Servers; Licenses; Restriction

Repealed

License Application; Findings by the Department; Felonies; Financial Statements; Denial; Hearing

Use of Nmlsr in Department's Licensing System; Reporting of Information to Nmlsr; Confidentiality; Director's Authority to Enter Agreements; Waiver of Privilege; Processing Fee; Electronic Records

Surety Bond; Requirements; Amount; Renewal; Termination; Liability; Notices

Repealed

Felonies; Civil Actions; Enforcement Actions; Notice to Department

Budget Analysis and Plan; Written Statement to Debtor; Creditor's Reduction of Amount Owed; Disclosure of Tax Implications

Agreement Between Licensee and Debtor; Contents; Delivery of Electronic Record; Debtor's Right to Terminate; Creditor's Decision to Reject or Withdraw From Plan; Notice to Creditors; Payments; Budget Analysis; Term of Agreement; Carrying on Other Business; Toll Free Communication System; Good Faith

Fees and Charges; Plan, Written Agreement, and Payment to Creditor Required; Set Up Fee; Monthly Service Fee; Close-Out Fee; Department Approval for Additional Charges; Returned Payment Charge; Fees Not Considered Debt

Repealed

Debtor's Failure to Make Payment; Cancellation of Agreement; Letter of Continuation; Return of Money to Contract Debtor

Prohibited Acts; Unauthorized Practice of Law; Compensation Prohibited

Advertising

Repealed

Record Keeping and Retention; Examinations and Investigations; Payment of Costs; Court Order Compelling Compliance; Confidentiality; Department's Investigatory and Enforcement Authority; Cooperative Regulatory Agreements; Examination of Vendors

Impounding Books, Records, and Accounts

Repealed

Enforcement by the Department; Civil Penalties; Department's Recovery of Costs; Factors for Determining Amount of Civil Penalty; Violation a Class a Misdemeanor

Review of Department Decisions; Applicability of Laws Governing Administrative Orders and Procedures; Venue

Providing Materials and Agreements Electronically; Consumer's Consent Required; Disclosures Through Internet Web Site; Debtor's Right to Request Written Copy

Disclosures and Documents to Be in English; Translation Required if Another Language Used

Soliciting or Accepting Contributions From Debtors Prohibited

Delegation of Duties; Liability of Licensee; Violations by Lead Generators