Budget planning, defined

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§702. Budget planning, defined

"Budget planning" means the making of a contract with a particular debtor, when the debtor agrees to pay a certain amount periodically to the person engaged in the budget planning, who shall distribute the same to a certain specified creditor or among certain specified creditors in accordance with a plan agreed upon by the debtor.   [PL 1999, c. 560, §2 (AMD).]

SECTION HISTORY

PL 1999, c. 560, §2 (AMD).


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