Examples of Debt adjusting in a sentence
The term "debt "Debt adjusting" shall mean themeans entering into or making of a contract, express or implied, with a particular debtor whereby the debtor agrees to pay a certain amount of money periodically to the person engaged in the debt adjusting business and who shallthat person, for a consideration, agree agrees to distribute, or distribute distributes the same among certain specified creditors in accordance with a plan agreed upon.
Debt adjusting is the making of a contract, expressed or implied, with a debtor and another person engaged in the debt adjusting business by which the debtor agrees to pay a certain amount of money periodically to the other who, for consideration, distributes the money among specified creditors in accordance with an agreed plan.
Debt adjusting" means the managing, counseling, settling, adjusting, prorating, or liquidating of the indebtedness of a debtor, ((or)) and receiving funds for the purpose of distributing said funds among creditors in payment or partial payment of obligations of a debtor.
Payment shall be made to Chester within thirty (30) days of receipt of monthly invoice providing that the billing times with the monthlycouncil bills list approval.
Debt adjusting includes the business or practice of any person who holds himself out as acting or offering or attempting to act for consideration as an intermediary between a debtor and his creditors for the purpose of settling, compounding, or in any way altering the terms of payment of any debt of a debtor, and to that end receives money or other property from the debtor, or on behalf of the debtor, for the payment to, or distribution among, the creditors of the debtor.