Illinois Compiled Statutes 225 Professions, Occupations, and Business Operations: Article -
- Illinois Collection Agency Act. - 225 ILCS 425, Section 1
This Act shall be known and may be cited as the "Collection Agency Act". (Source: P.A. 78-1248.)
- Illinois Collection Agency Act. - 225 ILCS 425, Section 1a
Declaration of public policy. The practice as a collection agency by any entity in the State of Illinois is hereby declared to affect the...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 2
Definitions. In this Act: "Charge-off balance" means an account principal and other legally collectible costs, expenses, and interest accrued prior to the charge-off date, less...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 2.01
(Repealed). (Source: P.A. 85-1209. Repealed by P.A. 95-437, eff. 1-1-08.)
- Illinois Collection Agency Act. - 225 ILCS 425, Section 2.02
(Repealed). (Source: P.A. 94-414, eff. 12-31-05. Repealed by P.A. 95-437, eff. 1-1-08.)
- Illinois Collection Agency Act. - 225 ILCS 425, Section 2.03
This Act does not apply to persons whose collection activities are confined to and are directly related to the operation of a business other than...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 2.04
Child support indebtedness. (a) Persons, associations, partnerships, corporations, or other legal entities engaged in the business of collecting child support indebtedness owing under a court...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 3
A person, association, partnership, corporation, or other legal entity acts as a collection agency when he or it: (a) Engages in the business of collection...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 4
No collection agency shall operate in this State, directly or indirectly engage in the business of collecting, solicit claims for others, have a sales...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 4.5
Unlicensed practice; violation; civil penalty. (a) Any person who practices, offers to practice, attempts to practice, or holds oneself out to practice as a collection...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 5
Application for registration shall be made to the Director on forms provided by the Department, shall be accompanied by the required fee and shall state:...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 6
(a) If the Director determines that the applicant meets the qualifications for registration required by this Act, he or she shall issue a certificate...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 6a
Any registered collection agency whose certificate of registration has expired may have the certificate of registration restored by making application to the Department and filing...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 7
In order to be qualified to obtain a certificate or a renewal certificate under this Act, a collection agency's officers shall: (a) be of...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8
Before issuing a certificate or renewing one, the Director shall require each collection agency to file and maintain in force a surety bond, issued...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8a
Fees. The Department shall provide by rule for a schedule of fees for the administration and enforcement of this Act, including but not limited...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8a-1
(a) No account may be referred by a collection agency to an attorney unless, prior to placing an account with an attorney for further...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8b
Assignment for collection. An account may be assigned to a collection agency for collection with title passing to the collection agency to enable collection...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8c
(a) Each licensed agency office shall at all times maintain a separate bank account in which all monies received on claims shall be deposited,...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8.5
Debt buyers. A debt buyer shall be subject to all of the terms, conditions, and requirements of this Act, except as otherwise provided for in...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 8.6
Debt buyer activities. (a) Debt buyers initiating actions upon an obligation arising out of a consumer debt shall be commenced within the applicable statute of...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9
(a) The Department may refuse to issue or renew, or may revoke, suspend, place on probation, reprimand or take other disciplinary action as the Department...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.1
Communication with persons other than debtor. Any debt collector or collection agency communicating with any person other than the debtor for the purpose of acquiring...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.2
Communication in connection with debt collection. (a) Without the prior consent of the debtor given directly to the debt collector or collection agency or the...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.3
Validation of debts. (a) Within 5 days after the initial communication with a debtor in connection with the collection of any debt, a debt collector...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.4
Debt collection as a result of identity theft. (a) Upon receipt from a debtor of all of the following information, a debt collector or collection...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.5
Statute of limitations. No action may be filed against any registrant for violation of the terms of this Act or its rules unless the...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.7
Enforcement under the Consumer Fraud and Deceptive Business Practices Act. The Attorney General may enforce the knowing violation of Section 9 (except for items (1)...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 9.22
Administrative Procedure Act. The Illinois Administrative Procedure Act is hereby expressly adopted and incorporated herein as if all of the provisions of that Act...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 10
Complaints. Upon receipt of a consumer complaint alleging violation of this Act by a collection agency, the Department may require a written complaint on...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 11
Informal conferences. Informal conferences shall be conducted with at least one member of the Licensing and Disciplinary Board in attendance. Notwithstanding any provisions concerning...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 13
The Director shall formulate such rules and regulations, not inconsistent with law, as may be necessary to carry out the purposes and enforce the...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 13.1
Collection Agency Licensing and Disciplinary Board. There is created in the Department the Collection Agency Licensing and Disciplinary Board composed of 7 members appointed...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 13.2
Powers and duties of Department. The Department shall exercise the powers and duties prescribed by the Civil Administrative Code of Illinois for the administration...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 13.3
Powers and duties of the Board. The Director shall give due consideration to all recommendations of the Board, and in the event that the...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 14
Engaging in the collection of debts without first having obtained a certificate pursuant to this Act, or carrying on such business after expiration of...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 14a
Unlicensed practice; Injunctions. The practice as a collection agency by any entity not holding a valid and current license under this Act is declared...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 14b
Penalty of unlawful practice; Second and subsequent offenses. Any entity that practices or offers to practice as a collection agency in this State without...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 15
If any clause, sentence, Section, provision or part of this Act shall be adjudged to be unconstitutional or invalid for any reason, such judgment...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 16
Investigation; notice and hearing. The Department may investigate the actions or qualifications of any person or persons holding or claiming to hold a certificate...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 17
Record of hearing. The Department, at its expense, shall preserve a record of all proceedings at the formal hearing of any case. The notice...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 18
Subpoenas; oaths; attendance of witnesses. The Department shall have the power to subpoena and to bring before it any person and to take testimony...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 19
Board report. At the conclusion of the hearing, the Board shall present to the Director a written report of its findings and recommendations. The...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 20
Motion for rehearing. In any hearing involving the discipline of a registrant, a copy of the Board's report shall be served upon the respondent...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 21
Rehearing. Whenever the Director is not satisfied that substantial justice has been done in the revocation, suspension, or refusal to issue or renew a...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 22
Hearing officer. The Director shall have the authority to appoint any attorney duly licensed to practice law in the State of Illinois to serve...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 23
Order; certified copy. An order or a certified copy of an order, over the seal of the Department and purporting to be signed by...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 24
Restoration of certificate of registration. At any time after the suspension or revocation of any certificate of registration, the Department may restore the certificate...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 25
Surrender of certificate of registration. Upon the revocation or suspension of any certificate of registration the registrant shall immediately surrender the certificate of registration...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 26
Administrative Review Law. All final administrative decisions of the Department are subject to judicial review under the Administrative Review Law and its rules. The...
- Illinois Collection Agency Act. - 225 ILCS 425, Section 27
Certification of record; receipt. The Department shall not be required to certify any record to the court or file any answer in court or...
Last modified: February 18, 2015