A debt consolidating agency may cancel a debt consolidating contract or agreement without the authorization of a client if the client does any of the following:
(1) The client does not make all of the client debts subject to the contract or agreement as provided in the contract or agreement;
(2) The client knowingly withholds from the debt consolidating agency any wages or other funds that the client has agreed to pay to the debt consolidating agency; or
(3) The client knowingly enters into new credit obligations while subject to a debt consolidating contract or agreement without the prior approval of the debt consolidating agency. [1983 c.17 §13]
Section: Previous 697.692 697.695 697.700 697.702 697.705 697.707 697.710 697.712 697.715 697.720 697.722 697.725 697.730 697.732 697.733 NextLast modified: August 7, 2008