Debt adjusting definition

Debt adjusting means the managing, counseling, settling,

Debt adjusting means the managing, counseling, settling, adjusting, prorating, or liquidating of the indebtedness of a debtor, or receiving funds for the purpose of distributing said funds among creditors in payment or partial payment of obligations of a debtor.

Debt adjusting means entering into or making a contract, express or implied, with a particular debtor

Examples of Debt adjusting in a sentence

• CC.2(1) Debt adjusting except where limited to: (i) no debt management plans; (ii) settlement sale of goods; or (iii) settlement vehicle finance.

• But excluding brokerage by sellers of goods and non- financial services as a secondary activity (unless the brokerage is carried on in a consumer’s home on more than an occasional basis).• Debt adjusting: helping people with their debt problems by taking over their debts or negotiating on their behalf.

• Debt adjusting in Washington encompasses a wide variety of different services.1 The Office of the Attorney General has authority to investigate debt adjusting businesses and examine their books and records.

• Debt adjusting services are available from civic organizations and private financial institutions at far less or no cost.

• But excluding broking by sellers of goods and non- financial services as a secondary activity (unless the broking is carried on in a consumer’s home on more than an occasional basis e.g. double-glazing sellers selling credit to the consumer in their home).• Debt adjusting: helping people with their debt problems by taking over their debts or negotiating on their behalf.

More Definitions of Debt adjusting

Debt adjusting means entering Debt adjusting. – Entering into or making a

Debt adjusting means doing business in debt adjustments, budget counseling, debt management, or debt pooling service or holding oneself out, by words of similar import, as providing services to debtors in the management of their debts and contracting with a debtor for a fee to:

Debt adjusting means the carrying on of an activity of the kind specified by article 39D of that Order (debt adjusting).”;

Debt adjusting means entering into or making 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 that person, for consideration, agrees to distribute, or distributes the same among certain specified creditors in accordance with a plan agreed upon. 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. Debt adjusting also includes the business or practice of debt settlement or foreclosure assistance whereby any person holds himself or herself out as acting for consideration as an intermediary between a debtor and the debtor's creditors for the purpose of reducing, settling, or altering the terms of the payment of any debt of the debtor, whether or not the person distributes the debtor's funds or property among the creditors, and receives a fee or other consideration for reducing, settling, or altering the terms of the payment of the debt in advance of the debt settlement having been completed or in advance of all the services agreed to having been rendered in full.

Debt adjusting means doing business in this state in debt adjusting, budget counseling, debt management, debt modification or settlement, foreclosure assistance, or debt pooling service, or holding oneself out as acting or offering or attempting to act as an intermediary between a debtor and his or her creditors for a fee, contribution, or other consideration, or[,] by words of similar import, as providing services to debtors in the management, settlement, modification, or adjustment of their debts, to do any of the following:

Debt adjusting means entering into or making a contract, express or implied, with a particular debtor whereby the debtor

Debt adjusting means the making of a contract, express or implied, with a debtor whereby the debtor agrees to pay a certain amount of money or other thing of value periodically to the person engaged in the debt adjusting business who shall, for a consideration, distribute the same among certain